Schlumberger scoops EPCIC contract, Off UK North Sea

WorldOil – OneSubsea, a Schlumberger company, has announced the award of an engineering, procurement, construction, installation and commissioning (EPCIC) contract for a subsea multi-phase boosting system by Taqa for Otter field in the UK North Sea.

Through the EPCIC contract, OneSubsea and its Subsea Integration Alliance partner, Subsea 7, will supply and install a subsea multi-phase boosting system including topside and subsea controls, as well as associated life-of-field services. The project will result in a 30-km subsea tieback to the Taqa-operated North Cormorant platform. This will be the longest subsea multi-phase boosting tieback in the UK North Sea.

Subsea control Fluids

“This fit-for-purpose subsea boosting system will improve Taqa’s ultimate recovery from an existing asset, through a capital-efficient long tieback,” said Mike Garding, president of OneSubsea, Schlumberger. “We look forward to working with Taqa to maximize the full value of the Otter field.”

OneSubsea and Subsea 7 will deliver a turnkey integrated project from design through supply, installation and commissioning.

Related News: Schlumberger inks $700 Million Oilfield JV Deal with Nigeria’s NNPC

YENAGOA, Nigeria June 29 (Reuters) – Nigeria’s state oil company said on Thursday it had agreed a joint venture to cover the more than $700 million cost of developing new oil fields in its southern Niger Delta energy hub.

The Nigerian National Petroleum Corporation (NNPC) said it had a tripartite agreement with local energy firm First Exploration and Petroleum Development Company and international oil services company Schlumberger to develop the Anyala and Madu fields under Oil Mining Licence (OML) 83 and 85.

The OPEC member state has been seeking investment to increase its crude oil reserves to 40 billion barrels by the year 2020, up from the current proven reserves of 37.2 billion barrels.

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