GDF Suez E&P Awards North Sea Austen Field Contract

Press Release
Thursday, June 06, 2013

GDF SUEZ E&P UK Ltd awards a £1.4 million joint study to Xodus Group and Atkins for Concept Select work for the Austen (formerly Jacqui) field in the Central North Sea, with a further option to proceed into the Concept Definition phase.

The studies will identify development and export options for the field.  Aberdeen-based Xodus and Atkins will start work immediately with completion scheduled for Q1 2014.  The contract follows the successful drilling of an appraisal well by GDF SUEZ E&P UK in 2012 and was bid against competition from other UK and European contractors.  It is the start of several workscopes currently being planned by GDF SUEZ E&P UK to support its Central North Sea development portfolio.

GDF SUEZ E&P UK acquired the licence containing the Austen discovery,  which is located in block 30/13b in the East Central Graben area, as part of the 26th UK Offshore Licensing Round in 2011.  The field comprises of a gas condensate discovery and two oil discoveries and has additional upside potential from several unappraised compartments.
 
Jean-Claude Perdigues, Managing Director of GDF SUEZ E&P UK said: “This contract marks a significant milestone in our progress since we acquired the licence in 2011.  The Central North Sea is one of our three core development areas and Austen is an important part of our plans as we move towards our goal of being a successful development operator in the region.”
 
GDF SUEZ E&P UK signed an agreement with E.ON UK E&P Limited on 29 May 2013 under which E.ON E&P will acquire a 25% share in the Austen project.  GDF SUEZ E&P UK will retain a 75% interest and operatorship of the field.  The transaction is subject to approval by DECC (Department of Energy and Climate Change).
 
 

Maritime Reporter October 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Rolls-Royce Bags £12 mi Order from Myklebusthaug Management

Rolls-Royce has won a £12 million order to provide design, integrated power and propulsion systems and equipment for a highly advanced multipurpose service vessel

Kleven Wins New Yacht Contract

Norwegian ship builder Kleven has secured a new contract for a high specification, 116-metre long Expedition Support Vessel. The order is placed by Mr Graeme Hart,

Diana Extends Containership Time Charters

Diana Containerships Inc. announced direct continuation of time charter agreements for m/v Cap Domingo and m/v Cap Doukato   Diana Containerships Inc., a global

Offshore Energy

Wärtsilä Integrated Solutions for Maersk's AHTS Vessels

A new series of six Anchor Handling Tug Supply vessels to be built at the Kleven Verft AS in Norway for the Danish based Maersk Supply Service A/S - part of the A.

Drillsearch Discovers Gas at Varanus South-1

Drillsearch Energy Limited announced a new wet gas discovery on the Western Cooper Wet Gas Fairway of the Cooper Basin. The Varanus South-1 well in PEL 513 (Drillsearch

Fourth Rig Delivered to Perforadora Central

Keppel AmFELS LLC, a wholly owned US subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has delivered the jackup rig, Coatzacoalcos, to Mexico’s Central Panuco S.

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Pipelines Port Authority Salvage Ship Electronics Ship Simulators Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0864 sec (12 req/sec)