SBM Offshore receives FEED contract
Published by Angharad Lock,
Digital Assistant Editor
Oilfield Technology,
SBM Offshore has reported that Premier Oil plc has awarded the company the Front-End Engineering and Design (FEED) contract for an FPSO for Phase 1 of its Sea Lion development in the North Falkland Basin.
The 18-month contract covers the FEED elements of the proposed FPSO. The asset will be a converted FPSO with a throughput capacity of approximately 85 000 bpd. It will operate in 450 m of water.
The proposed Phase 1 Sea Lion project, operated by Premier with Rockhopper Exploration plc as the JV partner, is located 220 kilometers north of the Falkland Islands. This first phase is subject to final investment decision targeted for the end of the FEED in the 2H17. Subsequent phases to developing Sea Lion and the wider North Falkland Basin reserves, utilising FPSOs, are planned.
Edited from press release by Angharad Lock
Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/13012016/sbm-offshore-secures-feed-contract-1898/
You might also like
MiQ certifies Shell’s full Gulf of Mexico production portfolio at Grade A for methane emissions performance
MiQ, the global leader in methane emissions certification, has announced that it has certified Shell Offshore Inc. (Shell)’s entire production portfolio in the Gulf of Mexico (GoM), making Shell the first operator to achieve MiQ certification in the basin.