The UK unit of oil giant Royal Dutch Shell and ExxonMobil subsidiary Esso Exploration and Production UK are to begin a GBP350 million rejuvenation project that will extend the life of three of the companies' onshore installations.
<p>These facilities are the St Fergus gas to liquids plant, Fife natural gas and liquids plant, and Braefoot Bay loading terminal. The project will take until 2021 and will also sustain feedstock supply to the Fife ethylene plant, Shell revealed. The project is aimed at extending the life of existing infrastructure. <br /><br />The Netherlands-based oil company commented that the project will contribute towards securing UK energy supplies over the mid to long term, and will continue to provide facilities where Norwegian gas and liquids can be processed and distributed.<br /><br />Robert Olsen, chairman and production director at ExxonMobil International, said: This project will contribute towards diversifying the UK's energy supplies by enhancing facilities to receive Norwegian gas, will extend the life of Shell and ExxonMobil's facilities in Scotland and will help to sustain feedstock supply to our ethylene plant in Fife. <br /><br />Shell said that the project will safeguard 300 existing jobs at these locations and will also require a further estimated 100 contractor personnel to be recruited during the project.</p>