U.K. Mariner Platform Contract for Odfjell Drilling

Press Release
Tuesday, April 16, 2013
Mariner Field: Image credit Statoil

Statoil has awarded the contract for drilling services on the Mariner platform on the U.K. continental shelf to U.K.-based Odfjell Drilling.

Odfjell Drilling will perform drilling services, maintenance of the drilling facility and drill pipe logistics for the Mariner field development, with options also on the Bressay field development.

Casing, tubing running services and modifications to the drilling facility is also optional in the contract. The contract duration is four years from November 2016 plus 3x2 years options. The contract has an estimated value of GBP 160 million.

The Mariner platform is currently under construction and the drilling start is scheduled for November 2016. Odfjell Drilling will provide engineering and commissioning services to Statoil under the construction and start-up phase of the field development.

The U.K. government's Department of Energy and Climate Change (DECC) has approved the field development plan put forward by Statoil and its partners for the Mariner heavy oil field. The project entails investments of more than GBP 4.7 billion.

Statoil expects to start production from Mariner in 2017, and the field is expected to produce for at least 30 years. The average production is estimated at around 55,000 barrels of oil per day over the plateau period from 2017 to 2020.

"Mariner is the largest new offshore development in the UK in more than a decade. Over its lifetime the project will generate jobs and substantial ripple effects for U.K. and the Aberdeen region. This contract award is an example of that," says Morten Ruud, vice president, Western Europe, in Development and Production International in Statoil.

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

Contracts

Time-out for Kwanza Drilling

Statoil has decided to cancel the Stena Carron rig contract after fulfilling the work commitments in the Statoil-operated blocks 38 and 39 in the Kwanza basin offshore Angola.

President Pryor Retires from ExxonMobil Chemicals

Stephen D. Pryor, president, ExxonMobil Chemical Company and vice president of Exxon Mobil Corporation, has elected to retire on January 1, 2015, after more than 44 years of service.

Asia Tanker, VLCC Rates Could Climb

Charterers to release 30 Middle East VLCC cargoes next week. VLCC market buoyed by upbeat Suezmax, Aframax sectors. Rates for very large crude carriers (VLCCs)

Offshore

7 Rescued from Sinking Freighter Near Haiti

Seven crewmembers were rescued after their 100-foot coastal freighter began taking on water and sank approximately 45 miles north off of Cap Haitien, Haiti, Friday.

Time-out for Kwanza Drilling

Statoil has decided to cancel the Stena Carron rig contract after fulfilling the work commitments in the Statoil-operated blocks 38 and 39 in the Kwanza basin offshore Angola.

China Building Island Big Enough for Airstrip

Satellite images show China is building an island on a reef in the disputed Spratly Islands large enough to accommodate what could be its first offshore airstrip in the South China Sea,

Offshore Energy

Time-out for Kwanza Drilling

Statoil has decided to cancel the Stena Carron rig contract after fulfilling the work commitments in the Statoil-operated blocks 38 and 39 in the Kwanza basin offshore Angola.

Update: Explosion in the Gulf of Mexico

An explosion occurred aboard a production platform Thursday at West Delta 105, operated by Fieldwood Energy, resulting in one fatality and three injured. The Bureau

Deepwater Semi-Sub COSL Prospector Delivered

COSLProspector, the fourth deep-water semi-submersible drilling rig built by CIMC Raffles for China Oilfield Services Limited (COSL), has been delivered in Yantai, Shandong Province.

Underwater Engineering

Time-out for Kwanza Drilling

Statoil has decided to cancel the Stena Carron rig contract after fulfilling the work commitments in the Statoil-operated blocks 38 and 39 in the Kwanza basin offshore Angola.

EMGS to Map Brazil's Gas Hydrates

Electromagnetic Geoservices ASA (EMGS) has received a contract worth USD 1.5 million for a research project in Brazil. The project will use 3D EM data to map

Rosneft Completes Geological Survey

Rosneft reports on 100% completion of the geological survey program on Company's offshore license areas for 2014. In the current year geological survey covered

 
 
Maritime Contracts Maritime Security Maritime Standards Offshore Oil Pipelines Salvage Ship Electronics Ship Repair Shipbuilding / Vessel Construction Winch
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: 0.1654 sec (6 req/sec)