Ocean Installer Receives First LoI for Project in UKCS

Ocean Installer announces receipt of a Letter of Intent (LOI) from Xcite Energy Resources Ltd (“XER”) for the installation of two oil export pipelines from the Rowan Norway jack-up to a shuttle tanker.

The LOI received for XER for the Bentley fields is for the installation of two oil export pipelines of 2.1 km each from the Rowan Norway production jack-up to a shuttle tanker. The work is expected to be performed in April 2012, using the subcontracted vessel from Reef Subsea Power and Umbilical.

“We are very pleased with this LOI from XER. This is an important milestone for Ocean Installer as the contract marks our entry into the UK subsea market”, says Steinar Riise, CEO of Ocean Installer.

The Bentley field is located in UKCS Block 9/3B approx. 160 km East of Shetlands at a water depth of 113 m. XER is embarking on tep 1A of its planned development program for Bentley (FPD-1A). The FPD-1A program comprises one production well with two laterals, drilled from the Rowan Norway jack-up, producing across the jack-up through process kit to degas and stabilize the crude, prior to pipeline transfer to a dynamically positioned shuttle tanker.

Subsea World News Staff , March 13, 2012;  Image: Reef Subsea

Share this article

Follow Subsea World News

Events>

<< Jan 2020 >>
MTWTFSS
30 31 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31 1 2

Shallow and Deepwater Mexico Exhibition and Conference

Shallow and Deepwater Mexico, an offshore oil and gas exhibition and conference is the key center for the international offshore oil and gas community in Mexico. 

read more >

Underwater Intervention (UI) 2020

Underwater Intervention Conference is a conference where oil and gas industry professionals, senior decision…

read more >

Subsea Expo 2020

Subsea Expo is the world’s largest subsea exhibition and conference and is completely free to attend.

read more >

Oceanology International 2020

Exhibitors from industry, government and research institutions share their knowledge and come…

read more >