Oil and gasoline agency Hurricane Energy has suffered one other setback on work to organize a serious new oil area within the North Sea for first manufacturing later this yr.

A rope failed throughout an operation to hook-up a manufacturing vessel to a buoy on the Lancaster area within the West of Shetlands space.

There had been no accidents to employees or any harm triggered and the Aoka Mizu floating storage and manufacturing vessel (FPSO) is now returning to the Cromarty Firth to await supply of a brand new pull-in rope.

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Hurricane stated an additional announcement might be issued as soon as hook-up operations has been efficiently accomplished.

Last month operations to hook-up to the buoy had been hit by a rope turning into snagged.

It is assumed the Lancaster area might maintain greater than 500 million barrels of oil and Hurricane has stated it’s hoping for first oil within the first half of this yr.

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Last July the agency raised $520m to fund growth of an early manufacturing system to check the Lancaster area forward of full manufacturing.

Source: www.insider.co.uk

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