A new oil field has been discovered around 80 miles north-east of Shetland.

The joint venture between The Abu Dhabi National Energy Company (TAQA) and Fairfield Energy has found two columns of oil since drilling began in November at the Darwin field.

Leo Koot, managing director of TAQA's UK oil and gas business, told the BBC: "This discovery proves that the North Sea still has great potential."

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The chief executive officer of Fairfield, Chris Wright, added: "We are delighted with the excellent results from the Darwin drilling programme, which has seen one potentially significant discovery and confirmation of the areal extent of a previous discovery.

"The presence of two rigs concurrently on the location demonstrates the operational excellence and commitment of both Fairfield and TAQA, towards expediting exploration and appraisal of this important area.

"Furthermore, it demonstrates our team's strong technical ability and, with our supportive investors augurs well for further successes as we continue to grow in the months and years ahead."

(GK)