Oil firms Taqa and Shell announce developments

Oil company Taqa Bratani has discovered a new oil accumulation in the North sea.

The find, close to the existing North Cormorant platform, is expected to correspond to between 10 million and 30 million barrels, and be developed under the new field name Cormorant East.

Meanwhile Shell has announced it is to develop the Fram oil and gas field in the North Sea.

It is expected to produce an average of 35,000 barrels of oil a day.

First production is planned within three years.

More on This Story

The BBC is not responsible for the content of external Internet sites

More Scotland business stories

RSS

Features

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.