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 August 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

US Navy Awards $22mln Waterfront Inspection Deal

The U.S. Navy has awarded a five-year, $22 million contract to Appledore Marine Engineering, a specialist focusing exclusively on the inspection and design of marine infrastructure,

Keppel Delivers Jackup to UMW-OG

Keppel FELS, a wholly owned subsidiary of Keppel Offshore & Marine (Keppel O&M) has delivered UMW Naga 8, a KFELS B Class jackup rig, to Malaysia’s UMW Oil & Gas Corporation Berhad (UMW-OG).

Rolls-Royce to Design, Equip Canadian Stern Trawler

The shipbuilding company VARD Group AS in Norway has received an order from a Canadian company for a shrimp stern trawler to be designed and equipped by Rolls-Royce,

Offshore Energy

Keppel Delivers Jackup to UMW-OG

Keppel FELS, a wholly owned subsidiary of Keppel Offshore & Marine (Keppel O&M) has delivered UMW Naga 8, a KFELS B Class jackup rig, to Malaysia’s UMW Oil & Gas Corporation Berhad (UMW-OG).

Subsea 7 Bags $150 million Offshore UK Contract Maersk

Offshore contractor Subsea 7 has been awarded a $150 million subsea, umbilical, riser and flowline (SURF) contract by Maersk Oil for the development of the Culzean field in the UK North Sea.

SMOE Wins $1bln Multi-platform Culzean Contract

Singapore's offshore services provider Sembcorp Marine has won an engineering, procurement and construction (EPC) contract worth over USD1 billion for the Culzean

 
 
Maritime Careers / Shipboard Positions Maritime Standards Naval Architecture Navigation Pipelines Port Authority Ship Electronics Ship Repair Ship Simulators Sonar
rss | archive | history | articles | privacy | 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: 0.1538 sec (7 req/sec)