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Development of the Rhum project cost approximately £350 million. Prior to the start of production, Rhum was the largest remaining undeveloped gas reservoir in the UK Continental Shelf. The original partners in the Rhum field were BP (Operator) 50% and Iranian Oil Company (U.K.) Limited (a subsidiary of the National Iranian Oil Company) 50%.
Iran Has a Gas Field in Britain
Development of the Rhum project cost approximately £350 million. Prior to the start of production, Rhum was the largest remaining undeveloped gas reservoir in the UK Continental Shelf. The original partners in the Rhum field were BP (Operator) 50% and Iranian Oil Company (U.K.) Limited (a subsidiary of the National Iranian Oil Company) 50%.