Production in Major North Sea Culzean Gas Field Starts
Production has started on the massive Culzean gas field in the North Sea. Operator Total said the field, 140 miles (225km) off Aberdeen, will be responsible for 5% of the UK's gas needs when it reaches peak production.
Culzean was discovered in 2008 when it was described as the largest gas find in a decade. It contains gas reserves equal to about 250-300 million barrels of oil. About 100,000 barrels of oil-equivalent gas per day will come from Culzean via a pipeline to Teesside.
Total's president of exploration and production, Arnaud Breuillac, said:
“Culzean is a good example of our efforts to upgrade our portfolio in the North Sea over the last years, notably by bringing Total and Maersk Oil together.”
Go Electric Acquired by Subsidiary of Total
Saft has acquired Go Electric, marking the latest assimilation of a small US-based microgrid company by a large energy player in the fast-growing space.
The company will operate as a wholly-owned subsidiary of Saft, a multinational battery energy storage company owned by Total. Saft will acquire all privately held Go Electric’s shares at an undisclosed price. Go Electric will become Saft’s Microgrid Center of Excellence.
According to Lisa Laughner, co-founder, and CEO of Go Electric.
“Saft, with the support of Total Group, has a real and clear strategy to develop in the field of renewable and distributed energy.”
