Siccar takes stake in North Sea Mariner field

Offshore staff

LONDON – Siccar Point Energy, a joint venture owned by Blue Water Energy and funds managed by Blackstone Energy Partners, has acquired an 8.9% interest in the Greater Mariner Area of the UK northern North Sea from JX Nippon Exploration and Production (U.K.).

This is the JV’s first acquisition since Siccar was launched in August 2014.

Within the area, the Statoil-operated Mariner field is one of the largest remaining oil fields. Production is expected to start in 2018.

Aside from JX Nippon, the other partner is Dyas Mariner.

Siccar Point has also appointed former BG Group CEO Chris Finlayson as its chairman.

08/18/2016

Share your news with Offshore at news@offshore-mag.com

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...