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Taqa revealed plans to extend the life of its northern North Sea assets are “nearing completion” as it reported its financial results.
Earlier this year the operator announced a £50m plan to extend the life of its Eider, Otter and North Cormorant fields for years to come.
Production on the Eider field ceased in January and is due to be switched to utility mode this year, with the plugging and abandonment programme “nearing completion”.