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09.03.2010

Marulk: 4bn spending spree under way

FMC has landed a 360 million NOK contract for subsea production equipment for Eni´s Norwegian Sea Marulk field, a development reported to generate total investments of some 4bn NOK.

The bulk of the equipment will be produced by FMC at Kongsberg, Norway, but some will be manufactured at FMC´s facilities in Dunfermline, Scotland. First deliveries are due in 2Q 2011.

Although Eni Norge is the operator of the Marulk licence, PL 122, FMC´s deal was signed as part of a frame agreement FMC has with the largest PL 122 licence partner, Statoil.

-As we have started awarding contracts in an early phase, it was urgent to sort out the FMC contract, Eni´s director of communication, Andreas Wullf told Oilinfo.

He emphasized that some of the contracts for the development - like the FMC signing - will be within existing frame agreements between Statoil and various contractors. He especially mentioned drilling as one of those.   

The field is situated in 365 meters of water in block 6607/8, near Statoil´s Norne field. In the first phase it will produce via two subsea wells, tied back to the Norne FPSO. As the licence partners aim to start producing the first batch of the field´s 73 million barrels of oil equivalents in 2Q 2012, the licence has decided to secure contracts in parallell with the authorities´ PDO (plan for development and operation) processing. Thus, contracts for subsea installation and tie-in work, installation of flowlines, pipeline engineering and manufacturing, flexible risers and topside modification on the Norne vessel, are to be signed this spring. 

Shareholders in the licence are: Eni Norge (operator) 20%, Statoil 50% and DONG E&P 30%.

 

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06.09.2010 - Contracts & Agreements

Statoil wants improved quality

Statoil is planning to invest several billion NOK in their onshore facilities the next years. If Norwegian suppliers want a piece of the contracts, the quality must improve, Statoil warns.

» Read more » Contracts & Agreements
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06.09.2010 - World News

Macondo well no longer a threat

American authorities have declared BP's Macondo well in the Gulf of Mexico as safe. Simultaneously, the company's expenses in regards to the oil spill recovery total eight billion USD.

» Read more » World News
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06.09.2010 - Companies, people & positions

Transocean leaders accused of bullying

Offshore managers at drilling giant Transocean UK have been accused of bullying, aggression, harassment, humiliation and intimidation in a report by the UK safety regulator.

» Read more » Companies, people & positions
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03.09.2010 - Norwegian Sector

Getting ready for Dalsnuten

After disappointing results on Gro, Shell is making the drilling unit "Aker Barents" ready for exploration drilling on Dalsnuten.

» Read more » Norwegian Sector
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