Showing posts with label Kraken field. Show all posts
Showing posts with label Kraken field. Show all posts

Saturday, November 16, 2013

EnQuest cleared to develop £4bn Kraken oil field off Shetland

A £4bn investment in a major oil field off Shetland has been given the go-ahead. The Kraken field, which is estimated to contain nearly 140m barrels of oil, is majority-owned by Aberdeen-based EnQuest.