DECC gives go-ahead for $1.6bn North Sea project

A $1.6 billion (£987m) project to develop two oil fields in the North Sea was given the green light by the Government today. Led by Aberdeen-based Dana Petroleum, the Western Isles project is expected to produce more than 40,000 barrels of oil equivalent, adding more than 30,000 barrels to the firm’s daily production. The project […]