One of China's biggest oil companies has rejuvenated the "lifeblood" of the North Sea after unveiling its biggest gas discovery in more than a decade.
China National Offshore Oil Corporation, or CNOOC, together with French oil major Total and Italy's Edison revealed a 250 million barrel discovery in one of the oil basin's most depleted areas.
CNOOC tried and failed to drill for gas at the Glengorm field twice in 2017 before striking the quarter billion barrel discovery some 20 years after it was first mapped out for exploration.
The Glengorm find, off the east coast of Aberdeen, is the largest North Sea gas discovery since 2008 when Total unveiled a major gas discovery at its Culzean gas field.
Source:sxcoal
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