Spirit Energy has submitted its Environmental Statement for the Pegasus West development, bringing the field closer to sanction.
Spirit Energy has submitted its Environmental Statement for the Pegasus West development to the Department for Business, Energy and Industrial Strategy, launching a public consultation on the plans.
The submission of the Environmental Statement is a key milestone in progressing Pegasus West towards final sanction and full development.
Spirit Energy will make a final investment decision on the southern North Sea field, which would be produced as a subsea tieback to the Cygnus Alpha complex, in 2019.
In advance of final sanction, the Environmental Statement sets out the steps Spirit Energy will take to mitigate any impact of the development on the surrounding area. Should the Environmental Statement be approved and Pegasus West be sanctioned, first gas from the field would be between 2021 and 2023.