Petro-Canada Selects Alliance Newfoundland To Perform Design Study For The Terra Nova Oil Field Development

abarrelfullabarrelfull wrote on 21 Sep 2012 13:00

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May 2, 1996

Alliance Newfoundland, a consortium including Fluor Daniel Inc., was selected by Petro-Canada to perform a competitive design study for the Terra Nova oil field development, located in the Grand Banks area off the east coast of Newfoundland, Canada. The Terra Nova oil field is estimated to have 400 million barrels of oil reserves.

The Fluor Daniel-led team is comprised of four of the world's leading companies who have expertise in offshore field development under the harshest environmental circumstances. In addition to Fluor Daniel, the alliance includes Maersk Company Canada Limited, Bouygues Offshore, and "START" Subsea Technologies and Reservoir Team.

The alliance will conduct technical work to identify the optimum floating production system to develop the Terra Nova oil field as well as the associated costs and schedule. Petro-Canada has selected three alliance teams for the competitive design study and will chose the preferred development option and alliance group by year end or early 1997.

Alliance Newfoundland's core members are:

  • Fluor Daniel Canada, Inc., the overall project manager, will provide engineering and construction services to the project.
  • Maersk Company Canada Limited, a leader in the exploration for and production of oil & gas, shipbuilding, aviation, and electronic data process services.
  • Bouygues Offshore, one of the world's largest construction conglomerates known for its unparalleled experience in the design and construction of concrete floaters, both semi-submersible and mono-hull.
  • Subsea Technologies and Reservoir Team (START), an alliance between Schlumberger Oilfield Services Newfoundland, ABB Vetco Gray Canada and Baker Hughes Canada, will provide world-class integrated well services, well construction and subsea capabilities.

In addition, a number of exclusive agreements have been signed with Newfoundland-based engineering and technical support companies.

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