Cambo Oil Field
Revision as of 13:27, 7 May 2023 by Abarrelfull (talk | contribs)
Summary Information
- Operator: Ithaca
- Country: United Kingdom
- Location: West of Shetland
- Production start:
- Partners: Ithaca, Shell
- Type: Oil
- Estimated Reserves:
- Production Volume:
Description
- The Cambo field is the second largest undeveloped oil and gas discovery in the UK North Sea, located in the West of Shetland region.
- Cambo will be developed using a purpose-built Sevan FPSO. Modern equipment designed to operate without the need for routine flaring or venting of hydrocarbons will be used to reduce emissions.
- When production commences, the field is expected to produce less than half of the amount of CO2 for each barrel produced than the average UK field. The development will be built electrification-ready.
Contractors
- Sevan SSP and Sembcorp Marine: Basic engineering for the FPSO
History
- 2002 - Cambo field discovered
- 2019 Sevan awarded basic engineering for the FPSO
- 2022 - MOU signed to collaborate in the electrification of oil fields West of Shetland
- 2022 - Ithaca became operator after acquiring Siccar Point
Geology
- The field is a large basement high with sedimentary sequences atop the structure and sits on the Corona Ridge structural feature.