Orcadian given more time for North Sea Pilot project preparations
Nov. 15, 2022
Britain’s North Sea Transition Authority has approved a one-year extension to the Orcadian Energy-operated P2244 license in the UK central North Sea, containing the79-MMbbl Pilot Field.
Offshore staff
LONDON – Britain’s North Sea Transition Authority has approved a one-year extension to the Orcadian Energy-operated P2244 license in the UK central North Sea, containing the79-MMbbl Pilot Field.
During 2023 Orcadian will progress work toward a possible development decision.
The company claims its concept would make Pilot’s oil production facilities among the world’s lowest in terms of carbon emissions at 2.6 kg CO2e/bbl—about one-tenth of the emissions intensity of North Sea production in 2021, it added.