Barents Sea Mooring Spread Contract for IOS InterMoor

Press Release
Wednesday, February 20, 2013
Spooling Wire in Mongstad Base: Photo credit IOS InterMoor

IOS InterMoor AS, an Acteon company, contracted by Eni Norge to provide two complete mooring spreads in the Goliat Oilfield.

The contract is for the provision of general mooring equipment services, including equipment rental, service and repair, and personnel for mooring operations. To meet these contract requirements, IOS InterMoor AS will make a considerable investment in new equipment, personnel and facilities in Hammerfest, Norway, during spring 2013. With more than 27 years of experience operating on Norwegian offshore bases in Stavanger, Mongstad and Kristiansund, IOS InterMoor will apply its expertise with polar base in Hammerfest to ensure safe and effective mobilization and demobilization of mooring equipment on and off dedicated anchor handling vessels.

IOS InterMoor AS’s work scope will be to provide two complete moorings spreads for pre-laying in the contract period. This method has provided enhanced safety and integrity as well as providing significant cost savings, particularly in rig moves, as it eliminates the dead time a rig spends not drilling. Ultimately, the reservoir drainage strategy will include water and gas injection employing a total of eight well templates with 22 wells. Recoverable reserves for the Goliat oilfield are estimated at 174 MMbbl, and production is expected to plateau at 100,000 bbl/d.

“Goliat field is the first oilfield to be developed in the Barents Sea,” said IOS InterMoor AS managing director David Smith. “Our involvement underlines our position as the preferred provider in the region and extends our reputation for operating on the principles of safety, quality and delivery."

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