TAQA takes command of North Sea Cladhan project

Offshore staff

ABERDEEN, UK – TAQA has become operator of UK northern North Sea license P.1064 covering blocks 210/29a and 210/30a, and including the Cladhan discovery.

The company has a 40.1% interest in the concession, earlier this year acquiring 13.5% from previous operator Sterling Resources (UK), 16.6% from Premier Oil, and 10% from Dyas UK.

Leo Koot, TAQA Bratani’s managing director, said: “The Cladhan field lies 17.5 km [11 mi] southwest of the TAQA-operated Tern platform and is a significant development project.

“This is an important step for the company as it represents a major new field development project to be operated by TAQA Bratani on behalf of itself and joint venture partners.”

10/22/2012

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