The tidal flows in Vestmanna have proven to be stronger than historically modelled and anticipated, creating additional potential for energy production.
The contract concerns the offshore facilities for natural gas production and transportation as well as the capture, utilization and storage of CO2 (CCUS)
bp has a long-term agreement to purchase 100% of LNG output from the facility that has the capacity to produce up to 3.4 million tonnes of LNG per year