Page 12 - Euroil Week 48 2019

EurOil PROJECTS & COMPANIES EurOil
Neptune dishes out $40mn in contracts at Seagull project
UK
Neptune took an FID at the project in March.
UK independent Neptune Energy has awarded $40mninequipmentandservicescontractsfor the Seagull oil and gas eld in the North Sea, where it took a nal investment decision (FID) in March.
e contracts are three years in length and include two one-year options to extend. M I Drilling Fluids will supply mud, drilling uids and well-bore clean-up services, while Halli- burton will deliver high pressure/high temper- ature completions equipment, Neptune said on December 3. Schlumberger Oil eld UK has been selected to provide perforating services.
Neptune has a 35% operated stake in Seagull, while partners BP and Japan’s Japex have shares of 50% and 15% respectively. The field has 50mn barrels of oil equivalent (boe) in proven plus probable reserves and is slated to come on stream in 2021, yielding 50,000 boepd over its 10-year production life.
“ e Seagull development is hugely impor- tant for Neptune and underlines our commit- ment to growing our operations in the UK North Sea,”NeptuneprojectmanagerShonaCampbell said in a statement. “ e award of the contracts is also a crucial step in the development and
demonstrates the diverse range of technical expertiseavailablefromUKsuppliers.”
Seagull is a high-pressure, high-temperature eld situated on UK licence P1622, 17km south of the BP-operated ETAP central processing facility (CPF). It is set to be tied back to the ETAP CPF, partially using existing subsea infrastruc- ture that would have otherwise been decommis- sioned. Gas from the eld will be brought ashore at the CATS processing terminal at Teesside, while oil will be piped through the Forties system to the Kinneil terminal in Grangemouth.
Neptune acquired its stake in Seagull from Apache last year.
In related news, the company announced on December 4 that 3D seismic surveys had begun at its Petrel gas eld in the Bonaparte Basin o Australia. e surveys will cover 2,900 square km and data will become available in the fourth quarter of 2020. Neptune is yet to shore up devel- opment plans at Petrel, but has suggested that its gas could be pumped to Darwin and then lique- edforexport.
Neptune also operates in Norway, the Nether- lands, Germany, North Africa and Indonesia.™
Two Equinor workers injured in North Sea
Two Equinor employees were injured in a serious work-related incident on board the Heimdal platform in the North Sea November 28, according to the Norwegian rm.akes in two gas elds in the UK North Sea.
e incident was caused by the explosion of a portable gas container. Some 70 personnel were on board the platform at the time.
e injured workers were taken care of by health personnel on board Heimdal, and
then transported to Haukeland University Hospital and Stavanger University Hospital using a SAR helicopter and a Joint Rescue Coordination Centre helicopter.
Equinor added that relevant authorities had been informed and updated, and the incident would be investigated further.
Heimdal is a gas eld west of Sveio in the northern North Sea, north of Johan Sverdrup. e Heimdal gas centre is a hub for the processing and distribution of gas. It consists of an integrated steel platform, and a riser platform.
Equinor operates Heimdal with a 29.4%
NEWS IN BRIEF
stake, while its partners are Petoro (20%), Total E&P Norge (16.7%), Spirit Energy (28.8%) and LOTOS Exploration and Production (5%).
November 29 2019
Equinor takes over Wisting operatorship
Austria’s OMV has agreed to transfer its operatorship of the Wisting oil discovery
in the Barents Sea to Equinor during the development phase. e discovery was made by OMV o the coast of Norway in 2013.
e two oil rms signed a memorandum of understanding (MoU) in June to cooperate on the Wisting development. Equinor and OMV have now agreed on the nal cooperation agreement, transferring the operatorship. Upon production launch, the operatorship will revert back to OMV.
“We are pleased to continue developing the Wisting eld and will concentrate on nding the best development solution for the eld development,” Geir Tungesvik, senior vice president for project development at Equinor
said in a statement.
e Wisting discovery is located at licence
PL 537 in the Barents Sea, and holds 440mn barrels of oil. Other partners in the licence include Petoro (20%) and Idemitsu Petroleum Norge (20%).
e development concept being considered for Wisting is an FPSO with a subsea production system consisting of 19 producers and 15 water injectors, according to OMV. A nal decision is expected in 2020.
December 2 2019
Turkey, Azerbaijan formally mark TANAP pipe’s finish
Turkey and Azerbaijan formally marked the completion of the $6.5bn Trans- Anatolian Natural Gas Pipeline (TANAP) on December 1.
TANAP makes up the longest stretch of the $40bn Southern Gas Corridor (SCG), a series of pipelines that will carry gas from Azerbaijan’s Shah Deniz II field to southern Italy, thus helping the European Union reduce its dependence on Russian
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Week 48 05•December•2019