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TAQA has been appointed operator of the Greater Brae Area (GBA) in the central North Sea, subject to obtaining the consent of the Oil & Gas Authority (OGA). This follows a judgement by the Commercial Court confirming the decision of the Brae fields joint venture to appoint TAQA Bratani (TAQA) as successor operator to RockRose UKCS8 LLC (RockRose).
TAQA is in the process of discussing arrangements to transition operatorship with the intention to have this completed during 2020.
Donald Taylor, TAQA’s Managing Director for Europe comments:
“The owners of the Brae Fields, comprising TAQA Bratani Limited, TAQA Bratani LNS Limited, Spirit Energy Resources Limited, JX Nippon Exploration and Production (U.K.) Limited and RockRose look forward to obtaining the necessary regulatory approvals and to discussing arrangements to transition operatorship of the Brae fields to TAQA.
“We welcome RockRose’s comments that they ‘will work with TAQA during the transition process to ensure there is no disruption to ongoing operations (including the current drilling programme at West Brae), and to ensure staff are fully supported throughout.’
“Operational activities will continue unaffected while the transition is undertaken.
“The safe and successful operation of the Brae fields remains TAQA’s primary aim and we look forward to working collaboratively together with the joint venture, relevant regulatory bodies, contractors and other stakeholders to manage a safe transition of Brae Area operatorship.”
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