“Largest undeveloped” oil field discovered west of Shetland Isles
Hurricane Energy claims one billion recoverable barrels of oil could be extracted from new find
SCOTLAND’S North Sea Oil industry has received a boost with the discovery of substantial new reserves 60 miles west of the Shetland Isles.
Hurricane Energy, which made the find, hopes to begin extraction of a projected one billion barrels of oil in 2019. The new find has expanded the area over which oil fields are being surveyed in the North Sea.
Hurricane CEO Dr Robert Trice said: “This is a highly significant moment for Hurricane.