Offshore staffLONDON — The UK’s North Sea Transition Authority has approved Serica Energy’s plan to develop Belinda Field in the central North Sea via a tieback to the Triton FPSO. Drilling of the sole development well should take place during the first half of 2025. It will be the fifth well in Serica’s current Triton area campaign, using the semisub COSL Innovator. Belinda, due to come onstream in first-quarter 2026, has estimated reserves of about 5 MMboe. “We look to the UK government to implement tax and licensing arrangements that support investments like Belinda, thereby creating UK jobs, earnings and tax receipts instead of increasing reliance on energy imports.”05.20.2024

Source: The North Africa Journal May 21, 2024 03:36 UTC