Total sees growth in North Sea output with Edradour & Glenlivet

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Wed, 30 Aug 2017 - 08:28 GMT

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Wed, 30 Aug 2017 - 08:28 GMT

A logo for oil giant Total is seen at a petrol station in London February REUTERS-Stephen Hird

A logo for oil giant Total is seen at a petrol station in London February REUTERS-Stephen Hird

PARIS - 30 August 2017: Oil major Total (TOTF.PA) said it has started production at its Edradour & Glenlivet gas and condensate fields in the United Kingdom, which is expected to boost its North Sea output with an additional 56,000 barrels of oil equivalent a day.

“We have completed this project ahead of schedule and 30 percent under the initial budget,” Arnaud Breuillac, Total’s president for exploration and production, said in a statement.

The Edradour and Glenlivet development is near the French oil and gas giant’s existing Laggan-Tormore fields which started production in February 2016.

Total’s UK unit operates Edradour & Glenlivet with a 60 percent interest, alongside partners DONG E&P (DENERG.CO) and SSE E&P (SSE.L) which each have 20 percent stakes.

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