North Sea Reporter

Published by KL ENERGY PUBLISHING LTD.

North Sea Reporter is an established and respected weekly publication which provides in-depth news and analysis of the NW European offshore oil and gas industry. 

Rig Market

The 1986-built jack-up Maersk Guardian last week completed a near four-year work term in the Danish sector which originally started in October 2016 with Maersk Oil as the client, but finally ended under Total’s management. The rig was employed purely in an accommodation role for the entire contract term, which featured a confirmed dayrate of $78,000. The rig has since arrived in Esbjerg and is another jack-up facing the prospect of being stacked. Maersk Drilling already had seven of its 13 North Sea-based jack-ups off hire and the tally has now increased again. However, two of them, the Maersk Inspirer and Maersk Resilient, are expected to begin contracts with Repsol and Petrogas, respectively, later this year.

Construction

Neptune Energy has completed installation of the subsea oil and gas production and gas-lift flowlines for the Duva and Gjøa P1 developments, in blocks 36/7 and 35/9, respectively. Neptune accelerated key elements of the development schedule of the subsea tiebacks, which will connect two templates to the nearby Gjøa platform, with Gjøa P1 in particular on track to achieve first oil two months ahead of the original plan. Parallel work has been carried out where possible across drilling, engineering, fabrication and installationFinal fabrication of the tie-in spools for the projects is ongoing at TechnipFMC’s spoolbase in Evanton, UK, while the manufacture of both the Duva and Gjøa P1 subsea manifolds is nearing completion.

Decommissioning

TAQA is seeking approval from the UK authorities to decommission the topsides of the Cormorant North and Tern platforms, in northern blocks 211/21a and 210/25, respectively. The facilities are planned to be removed to shore for reuse, recycling or appropriate disposal. Separate decommissioning programmes covering the fields’ associated pipelines, power cables, umbilicals and tiebacks are currently planned for this year and beyond. Decommissioning of both the Cormorant North and Tern topsides, weighing 16,177 tonnes and 22,173t, respectively, is expected to start in 2024 at the earliest, with Tern expected to be completed in 2027 and Cormorant North in 2028. TAQA is sole owner of both fields

 

Weekly coverage includes:

  • Rig Market - contracts, dayrates and utilisation
  • Drilling – a round-up of North Sea activity  
  • Construction and engineering
  • Field development and production
  • Contract awards
  • Company news
  • Data tables of industry activity
  • Mediterranean & W. Africa briefing
  • News briefs