Ocean Installer, a subsea construction company based in Stavanger, Norway has received a Letter of Intent (LOI) from Xcite Energy Resources Ltd for the installation of pipelines from a jack-up rig to a dynamically positioned shuttle tanker at the Bentley field.
The potential contract is for the installation of two oil export pipelines of 2.1 km each from the Rowan Norway production jack-up to a Teekay Shipping Norway AS-owned shuttle tanker . Ocean Installer is expected to start the operations in April 2012, using the subcontracted vessel from Reef Subsea Power and Umbilical.
“We are very pleased with this LOI from Xcite Energy Limited. This is an important milestone for Ocean Installer as the contract marks our entry into the UK subsea market” , says Steinar Riise, CEO of Ocean Installer.
The Bentley field is located in UKCS Block 9/3B, approximately 160 km East of Shetlands, at a water depth of 113 m.
Xcite Energy last week announced that the UK’s Department of Energy and Climate Change had granted approvals under the Well Operations Notification System (“WONS”), the Petroleum Operations Notice (“PON 15B”) and the Oil Pollution Emergency Planning (“OPEP”) for the planned 9/3b-7 and 7Z wells.
With all the necessary approvals secured, Xcite Energy is now ready to drill and produce the wells in Phase 1A of the Bentley field work programme.
[mappress] Offshore Energy Today Staff, March 13, 2012; Image: Reef Subsea