First oil from the second phase of the Buzzard field in the British waters of the North Sea is expected in three years, a partnership announced. Nexen leads a partnership of British energy companies and services companies like Subsea 7 and Baker Hughes at the second phase of the Buzzard field. Nexen said its partners have backed a field development plan that was approved by the British Oil & Gas Authority. First oil is expected in the first quarter of 2021. Chrysaor, one of the partners at the field, secured the 21.7 percent interest in the Buzzard field from a $3.8 billion divestment from Royal Dutch Shell in November . Phil Kirk, the chief executive at Chrysaor, […]