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HALO added that it would be focused clear steps with immediate action to Hibiscus delays Marigold FID
on re-activation of Schooner and nearby combat climate change and to achieve CO2
exploitation to be re-directed to the Western reduction targets at national, European Malaysian operator Hibiscus Petroleum has
Gas Transmission (WGT) system and the and global level. pushed back the final investment decision
Den Helder processing facilities in the Through the MoU, Eni and Saipem will (FID) for the Marigold development in the
Netherlands. also evaluate participation in programs UK part of the North Sea.
The company currently owns 100% of the financed by the European Union as part Hibiscus Petroleum said that its indirect
block and 8.88% of WGT and, with partners, of the Green Deal Strategy, proposing the wholly‐owned subsidiary, Anasuria Hibiscus
will continue to examine opportunities in the possible inclusion of specific initiatives UK, was in advanced stages of drafting the
UK near the border with the Netherlands. within the plan for the use of funds final Marigold field development plan (FDP).
According to HALO, the absence of intended to support the Member States Anasuria has been in pre‐submission
available infrastructure in the UK has created of the ‘European Union in the post- discussions with the UK’s Oil and Gas
more opportunities for Dutch infrastructure COVID-19 phase (Recovery and Resilience Authority (OGA) to ensure the FDP
nearby with numerous examples of such and Fund). meets their requirements before the final
the availability of processing, pipeline or Eni emphasised it is committed to submission is made later this month.
facilities such as WGT offers. responding to the challenge of improving Because of delays, which Hibiscus claimed
The Schooner field is located in the access to reliable and clean energy, were in large part due to the impact of
Southern Basin of the UKCS, 26.9 km from counteracting climate change through Covid-19, the project FID is now expected
the Murdoch installation, which acted as the concrete, rapid and economically to be received around the end of March 2021
installation control centre for Schooner off sustainable solutions. instead of by end of December 2020.
the Lincolnshire coast. Eni’s strategy combines the objectives A concept select report for the
The Schooner platform was installed in of continuous development in a rapidly development of Marigold and Sunflower
1996 and used to exported gas to Murdoch. evolving energy market with a significant fields was submitted to the OGA on 31
From there, the gas flows to shore at the reduction in its carbon footprint. August 2019 and a letter of no objection
Theddlethorpe Gas Terminal via a trunk line. Saipem is a provider of solutions to the selected concept was received on 15
The field ceased production in 2019, aimed at enabling the hybridization and October 2019.
following with the Theddlethorpe Gas decarbonization of energy-intensive The Marigold Cluster currently includes
Terminal cessation of operations in 2018. production complexes. the following licenses and fields: P198 – Block
The owner and operator of the platform It boasts experience and skills in the 15/13a (Marigold Discovery); P198 – Block
is Norwegian firm DNO, who earlier this construction of plants linked to the CO2 15/13b (Sunflower Discovery); and P2366 –
year halted its well decommissioning chain, with the ability to also act as an Blocks 15/18d and 15/19b (Crown Discovery).
campaign due to Covid-19. DNO submitted integrator of processes and technologies, The selected concept for the development
decommissioning plans for the Schooner taking into account the expertise and of Marigold includes drilling and completion
and Ketch fields in July 2019. The well experience gained in the management of of subsea wells tied back to an FPSO unit via
abandonment programme has been CCUS processes on multiple industrial flexible flowlines and umbilicals.
suspended since April due to the Covid-19 complexes. It will also facilitate a phased development
pandemic. Over the years, Saipem has designed approach to further mitigate project risks.
It is worth noting that talks are underway more than 70 plants for the capture of The project is expected to proceed in two
for re-use the platform as accommodation CO2 and over 40 plants for the subsequent phases to mitigate subsurface uncertainties
for an offshore wind farm in the North Sea. transformation into urea. and minimize capital outlay required to
HALO added that there was no arrangement Claudio Descalzi, CEO of Eni, stated: achieve first oil production.
with DNO to use the platform for this “Through this strategic agreement, Eni Anasuria completed the acquisition of
reactivation work. intends to strengthen its leadership in the Blocks 15/18d and 15/19b, from United
energy transition process, accelerating Oil & Gas and Swift Exploration for a total
the evolution of its business model cash consideration of up to $5 million in
Eni, Saipem team up for that combines economic and financial December 2019.
The blocks are located offshore in the UK
sustainability with environmental
decarbonisation projects sustainability. sector of the North Sea, some 250 kilometres
“The adoption of technological
northeast of Aberdeen. The blocks include
Eni’s CEO, Claudio Descalzi, and Saipem’s solutions for decarbonization such as the Crown discovery located 12 km southeast
CEO, Stefano Cao, on December 9 signed carbon capture, utilisation and storage, will of Marigold, which together with the
a memorandum of understanding (MoU) be fundamental in the energy transition Sunflower field, was acquired by Anasuria in
to cooperate on the identification and of the country, and Eni can provide October 2018.
engineering of decarbonisation initiatives and unique skills and expertise in managing Given its proximity to Marigold, the
projects in Italy. production processes and in the fight contemplated development of Crown is
Eni and Saipem intend to identify against climate change”. based on a single well subsea tieback to the
possible opportunities for collaboration in Eni has already started its energy Marigold field.
the sector of the carbon capture, utilisation transition journey after announcing major Since the developments have been
and storage (CCUS) of CO2 produced by overhaul of its business back in June 2020. impacted by Covid‐19, the payment of an
industrial districts in the Italian territory. The Italian oil major created two additional sum of $3mn which is due within
According to the two companies, business units, one focused on oil and seven business days of approval of the
the objective is to contribute towards gas called “Natural Resources” and the Marigold FDP is now expected to be made to
the decarbonisation process of entire other focused mainly on renewable energy United and Swift by the end of the first half
production chains, particularly those of named “Energy Evolution”. of 2021.
the highest energy intensity by taking

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