The company claimed the move was "essential" to keep Sullom Voe
Terminal "competitive" and help it retain and win new business.
Owners EnQuest told Unite 60 full-time jobs and 20 contractor roles will go at Shetland's Sullom Voe
from July 23.
EnQuest PLC (STO:ENQ.ST) (LSE:ENQ.L), an independent oil and gas production and development company, announced on Monday the completion of the acquisition of the remaining 75% interest in the Magnus oil field (Magnus), an additional 9.0% interest in the Sullom Voe
Oil terminal and supply facility (SVT) and additional interests in associated infrastructure from BP as planned.
Oil from Clair is exported to the Sullom Voe
Terminal on Shetland.
Over a hundred a miles out in the cruel North Sea The Shetlands is not an ideal place to work or live believe me In winters it gets very windy and rains almost every day And the rain is horizontal by the way The whole place is covered in bogs and peat Locals burn it to generate their heat Trees on the Shetlands you will not see Because of the peat they are an absentee Before the Sullom Voe
oil terminal arrived The Shetlanders somewhat struggled to survive The locals now like a little drink or two Before Sullom Voe
drink was never an issue In the depth of winter daylight is short In the height of summer darkness is practically nought The summer days can be beautiful and long Still I was very happy to move on GEORGE McLANDERS
The stake represents around 15.9 MMboe of additional net 2P reserves (gross reserves of 63.4 MMboe) with net production of 4.2 Mboe/d in 2016 (gross production 16.6 Mboe/d) as well as a 3.0% interest in the Sullom Voe
oil terminal and supply facility 9.0% of Northern Leg Gas Pipeline and 3.8% of Ninian Pipeline System.
Engineer Vic Thomas, 64, arrived in Shetland to work on the construction of the Sullom Voe
We have initiated constructive dialogue with companies involved in the Theddlethorpe Gas Terminal in Lincolnshire, Sullom Voe
Terminal on Shetland and other key infrastructure hubs.
Instead, it reflected lower production at fields including Forties and Sullom Voe
. Output fell 12 per cent from a year earlier, the biggest annual drop since August 2013.
He said: "If there are one or two breaks in that chain then there is the risk of a domino e!ect on the nearby facilities, and then a further knock-on e!ect at Sullom Voe
(the main terminal on e Shetlands.) We have to ensure we do not rush to shut down these assets too early.
Carlton worked for two years at the Sullom Voe
oil terminal in the Shetlands.