Published 1 year ago

West of Shetland oilfields due for $500m value bump from electrification

Summary by Ground News

BP, Ithaca Energy and Equinor signed a pact yesterday to work together on electrification for their Cambo, Rosebank and Clair assets in the West of Shetland. Power via floating wind or from shore are the two being looked at. If full electrification can be achieved, emissions from the huge oilfields would decrease by 93%.

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Energy Voice

West of Shetland oilfields due for $500m value bump from electrification

BP (LON: BP), Ithaca Energy (LON: ITH) and Equinor (OSLO: EQNR) will see the valuations of their West of Shetland oilfields increase by half a billion dollars after electrification, according to analysis. The post West of Shetland oilfields due for $500m value bump from electrification appeared first on Energy Voice.

1 year ago·United Kingdom

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