GDF Suez gains North Sea blocks

Dec. 3, 2010
GDF Suez E&P UK won seven new oil and gas licenses in the UK’s 26th Seaward Licensing Round.

Offshore staff

LONDON -- GDF Suez E&P UK won seven new oil and gas licenses in the UK’s 26th Seaward Licensing Round. The company will operate five.

Four of the new permits are in the central North Sea, two in the southern gas basin, and one West of Shetland.

Managing director Jean-Claude Perdigues said: “The new licenses are located in our three core areas of activity: the Central North Sea, West of Shetland or the Southern North Sea, close to Cygnus and Juliet, our existing operated assets.”

The awards are:

Block 22/23c (split)

A 25% operating interest

Blocks 22/16, 22/17b

A 25% operating interest (partners: RWE Dea, Nippon, OMV)

Block 30/1a (split)

A 30% operated interest (partners: Maersk, RWE Dea, Nippon)

Block 47/14c, 47/15c

A 51.56% operating interest (partner: First Oil)

Block 30/13b

Operator (partner: Volantis)

Blocks 36/20, 36/25, 37/16, 37/21

A 45% interest (operator: Venture, other partner: Volantis)

Block 214/26, 214/27b

A 30% interest (operator: Nippon, other partner: Idemitsu)

12/03/2010