CATEGORIZED | News, The Offshore Frontier

Statoil awards Mariner drilling services contract to Noble Corp

Posted on 14 May 2013

Statoil has awarded a four-year contract for drilling services on the Mariner project to Noble Corp, with an option of up to two years. The project is based on Statoil’s Category J rig, a custom-built and harsh-environment jackup that will be able to operate in water depths from 230 ft to 490 ft (70 to 150 meters) and drill wells to 32,800 ft (10,000 meters). The contract, with an estimated value of US$655 million, is expected to commence sometime between May to September of 2016.

“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,” Jon Arnt Jacobsen, chief procurement officer for Statoil, said. JX Nippon Exploration and Production and Cairn Energy are license partners with Statoil on the heavy-oil project. The field development plan was approved in February by the UK Department of Energy and Climate Change.

“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,” Morten Ruud, Statoil vice president for Western Europe in development and production international, said. The project entails investments of more than GBP 4.7 billion (approximately US$7.14 billion).

First production from Mariner, which is expected to produce for at least 30 years, is planned for 2017. Average production has been estimated at approximately 55,000 bbl/day of oil over the plateau period from 2017 to 2020.

The Mariner field is located on the East Shetland Platform of the UK North Sea, approximately 150 km east of the Shetland Isles.

Leave a Reply

*

FEATURED MICROSITES


Recent Drilling News

  • 20 October 2014

    Ocean Rig awarded extensions for two ultra-deepwater drillships

    Ocean Rig has been awarded extensions for its two ultra-deepwater drillships, the Ocean Rig Corcovado and the Ocean Rig Mykonos by Petrobras for drilling offshore Brazil…

  • 16 October 2014

    BG Group appoints Helge Lund as CEO; Statoil appoints Eldar Sætre as acting President and CEO

    "It has been a privilege to lead Statoil during 10 very exciting years,” Mr Lund said. “Together we have created values for Statoil’s shareholders and the society…

  • 15 October 2014

    Eni signs two PSCs for offshore exploration in Vietnam

    Eni has signed two production-sharing contracts (PSCs) with Petrovietnam for the exploration of blocks 116 and 124, located off the coast of Vietnam…

  • 13 October 2014

    OneSubsea awarded contract for PEMEX Lakach deepwater development

    OneSubsea, a Cameron and Schlumberger company, has been awarded a subsea production systems contract totaling more than $270 million for the Lakach deepwater project…

  • 08 October 2014

    Shell starts oil production from Gumusut-Kakap deepwater platform in Malaysia

    Shell has started oil production from the Gumusut-Kakap floating platform off the coast of Malaysia, the latest in a series of Shell deepwater projects...

  • Read more news