North Sea discovery could bolster oil and gas sector in 2019

French oil major Total has found large volumes of oil during exploration on the UK Continental Shelf. The discovery is the largest UK gas discovery in more than a decade, says Wood Mackenzie.

BY SØREN SPRINGBORG AND SHIPPINGWATCH

The North Sea has been deemed mature for retirement countless times in recent years. But the area apparently still has more in store for the time being.

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