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Britain signs off on more North Sea oil
2013-02-26 04:49:00| Climate Ark Climate Change & Global Warming Newsfeed
United Press International: British energy company Maersk Oil announced it was approved to develop an oil field in the North Sea that could hold as much as 9 million barrels of oil. Maersk said its field development plan for the Balloch oil field about 140 miles off the coast of Scotland, was approved by the British Department of Energy and Climate Change. Production from the field would come initially from a nearby floating production storage and offloading vessel. "The first well is expected to peak around 8,000...
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Category:Electronics and Electrical