Oil major BP is celebrating the start of production from Quad 204, one of the largest field redevelopments in North Sea history.

Operator BP and partners Shell and Siccar Point Energy expect the mega-project to deliver 450million barrels of oil equivalent (boe) from the Schiehallion and Loyal fields through to 2035 and beyond.

BP initially set a budget of £3billion for Quad 204 but later chose to invest an additional £1.4billion to widen the subsea work scope, a BP spokeswoman said.

More than £2billion worth of contracts, about 50% of the total, were awarded to the UK supply chain following project sanction in 2011.

A team of about 450 people across offshore and onshore locations will operate Quad 204, west of Shetland.

Start-up from Quad 204 − the third of seven major projects BP is bringing on stream worldwide in 2017 – also returns the company to growth in the North Sea.

BP plans to double its UK North Sea production to 200,000 boe per day by 2020 and “sustain a material business in the region for several decades”.

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