North Sea player that snapped up Brae Area interest for just $1 ‘defaults’ on licence terms

Industry sources say unnamed outfit mentioned by co-venturers Taqa, JX Nippon and Spirit Energy is Fujairah International Oil & Gas

Gone: the removal of Taqa's Brae Bravo topsides in the UK North Sea in August
Gone: the removal of Taqa's Brae Bravo topsides in the UK North Sea in AugustPhoto: TAQA
Published 23 November 2021, 10:10Updated 24 November 2021, 09:49
North SeaFujairah International OilTaqaUnited KingdomUnited Arab Emirates