New U.K. Gas Fields Ramping Up Output to Ease Crisis
- North Sea’s Finlaggan, Arran fields started flowing gas
- WoodMac expects U.K.’s gas output to rebound in 2022
Photographer: Simon Dawson/Bloomberg
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U.K. natural gas production could get a much-needed increase from the start of two new North Sea projects, providing some relief to the region’s strained energy system.
Royal Dutch Shell Plc’s Arran development and NEO Energy’s Finlaggan field both started flowing gas in recent weeks. At least two more North Sea project launches are scheduled this year, with Harbour Energy Plc’s Tolmount field expected around year-end, and IOG Plc’s Phase 1 venture in the fourth quarter.