News update from Eddie Proffitt 29/6/10

29.06.2010

Energy Minister gives go-ahead to new North Sea development (Press Release)

Press Release

The vital role of North Sea oil and gas in securing the UK’s future energy supplies was underlined today in Aberdeen by Energy Minister Charles Hendry, as he approved the development of a new oil and gas field.

Charles Hendry also announced record levels of interest in new developments in the North Sea as 356 blocks have been applied for in the latest licensing round. The largest number of blocks applied for since the first licensing round was launched in 1964.

Hendry approved the development of Apache’s Bacchus oil field, as he visited Aberdeen and ExxonMobil’s Beryl oil platform in the North Sea.

Read full press release on DECC website