North Sea production plunges at oil and gas giant BG
Saturday 9 May 2015
BG Group has reported a near 40 per cent fall North Sea production amid disruptions caused by repairs and maintenance work.
The oil and gas firm, which has recommended a £47bn bid from Shell, produced 77,000 barrels oil equivalent per day in the UK in the first quarter. This was down 38 per cent on the 125,000 boed produced in the same period last year.
The big fall in output came after four fields were shut down temporarily to allow work to be done on the CATS gas pipeline and the Lomond production platform.
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