Noble Corporation has been awarded the drilling services for Mariner project

abarrelfull wrote on 15 May 2013 06:51
Tags: europe noble services statoil uk

Latest News

• Want a weekly review of refining news?

• This Week in Refining
• RSS Feed

Operator Statoil has on behalf of Mariner partners JX Nippon Exploration and Production (U.K.) Limited and Cairn Energy PLC, awarded the contract for drilling services on the Mariner project based on Cat J design to Noble Corporation.

The new Category J rig will be able to operate at water depths from 70 to 150 metres and drill wells down to10,000 metres.

It is a tailor-made jack-up rig for operations in harsh environment on both surface- and subsea wells in the shallow-water segments.

"Statoil is continuously working to secure a rig fleet with the right capacities and capabilities to suit our needs. We are looking forward to working with Noble Corporation, who will use a new built jack-up rig based on the Cat J design.

"Noble Corporation has per today four operations in the UK, and this new jackup operation will be handled equivalent to other operations in the UK. This will give Statoil and the license group a fit-for-purpose rig which is important in order to develop the Mariner project in a safe and efficient manner", says Jon Arnt Jacobsen, chief procurement officer in Statoil.

The contract is for four years with a one or two years' option. Commencement window:

15 May 2016 – 1 September 2016. Total estimated value for four years is USD 655 million including mobilization.

"Mariner is the largest new offshore development in the UK in more than a decade. It will generate jobs and substantial ripple effects for UK and the wider Aberdeen region.

"Statoil together with its license partners JX Nippon Exploration and Production Ltd, and Cairn Energy PLC will contribute to this development in an active way", says Morten Ruud, vice president for Western Europe in Development and Production International in Statoil.

In February, the UK government's Department of Energy and Climate Change (DECC) approved the field development plan put forward by Statoil and its partners for the Mariner heavy oil field.

The project entails investments of more than GBP 4.7 billion. Statoil expects to start production from Mariner in 2017. The field is expected to produce for at least 30 years. The average production is estimated at around 55,000 barrels of oil per day over the plateau period from 2017 to 2020.

The Mariner Field is located on the East Shetland Platform of the UK North Sea approximately 150km east of the Shetland Isles.
Statoil acquired 44.44% and operatorship for Mariner from Chevron in 2007. Statoil acquired a further 20.6667% of Mariner from Nautical Petroleum in 2010.
JX Nippon Exploration and Production (U.K.) Ltd (28.89%) and Alba Resources Limited, (6%) are Co-venturers in Mariner. Alba Resources Limited is a wholly owned subsidiary of Cairn Energy PLC.

• Noble Corporation has been awarded the drilling services for Mariner project

---