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BP kicks off production at Skarv field
Oil major BP this morning said it had started production at the Skarv field in the Norwegian Sea.
Skarv, which is offshore the west coast of Norway, has an estimated recovery of around 100m barrels of oil and more than 1.5 trillion cubic feet of gas.
The field, which will ramp up output in the coming months, is expected to reach around 1250,000 barrels of oil equivalent a day within the first six months of production.
“The start-up of Skarv is a key operational milestone for BP, adding new production from one of our core higher-margin areas,” BP chief executive Bob Dudley said this morning.