JOG mulls myriad GBA options
The firm is working with potential partners on a range of outcomes for its UKCS redevelopment project
UK independent Jersey Oil & Gas (JOG) is engaged with multiple counterparties in the farm-out process for its North Sea Greater Buchan Area (GBA) project. And that process has also led it to broaden the development solutions it is evaluating with various interested parties beyond its previous concept of a new platform to replace decommissioned and removed infrastructure from Buchan’s initial 1981-2017 producing life. “One of the great advantages of the GBA is its location,” JOG CEO Andrew Benitz tells Petroleum Economist. “It sits right in the heart of the Central North Sea and the Outer Moray Firth and that gives us some optionality on how we take the project forward in terms of the dev
Also in this section
29 April 2026
The UAE’s exit from the alliance marks a decisive step towards a world in which oil markets are shaped less by collective management and more by national strategy
29 April 2026
Trafigura’s $1b prepayment agreement confirms African resource holders’ renewed interest in oil-backed financing deals as they look to capitalise on high oil prices
29 April 2026
The UAE’s departure from the oil producers’ group was a surprise to many, but the move can be traced back to a single point five years ago
28 April 2026
Oil traders warning of $200/bl oil are wrong, and the market should be wary of proclamations that the impact of the oil shortage has only begun to be felt and a that a ‘harsh adjustment’ is coming—even for industrialised nations






