COPENHAGEN, Denmark – Maersk Oil has agreed to purchase for $127 million Noble Energy’s 30% interest in the Dumbarton and Lochranza fields in the UK central North Sea, and in the associated Global Producer III FPSO.
Following completion, expected by end-summer, Maersk will hold 100% interest in the fields and the facility. This will give the company greater control over future tieback opportunities throughout the wider Global Producer III installation area.
Dumbarton and Lochranza deliver combined production of about 20,000 boe/d.
Noble says it is considering selling its other North Sea assets.