Austrian operator OMV has approached work-hungry contractors about the potential use of an existing floating production, storage and offloading vessel to kick-start early production from its challenging Cambo project in UK Atlantic Margin waters.
The project remains at an early stage but the move, which sources said has happened in recent weeks, has raised hopes of renewed momentum in the scheme, which OMV has been eyeing as a hub to unlock its West of Shetland fields.
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