Centrica to invest £60 Million to boost the production of Morecambe Bay
Centrica has announced that they will invest £60 Million to boost the production from Morecambe Bay.
As per the project to refurbish two 5,000-tonne platforms in the East Irish Sea, the teams working on a jack-up accommodation barge – which will be moored alongside the DP6 and DP8 platforms so the engineers can ‘walk to work’. lifeboats and 60-tonne cranes on both platforms will also removed so they can be refurbished and reinstalled.
While 50 people will be supporting the project onshore, a 300-strong team will be working offshore across Centrica and its project partners. Once complete, the campaign will unlock up to a further 3billion cubic feet of gas under the East Irish Sea by simplifying the process required to get it to shore.The project is just one part of a major investment programme planned for Centrica’s Morecambe Bay operations, both offshore and onshore.
Morecambe Bay Director for Centrica’s Exploration & Production business, Tamsin Lishman said taht the Morecambe Bay fields have been a cornerstone of their business since first gas flowed into the Barrow Gas Terminals more than 30 years ago, so they are delighted to continue investing in their future. With nearly 300 billion cubic feet of gas still in place under the East Irish Sea, major projects like this will help ensure they maximize the potential of these fields and continue supplying gas for UK homes and businesses.
Image Source: Centrica