DNV GL reaches deal to support Chrysaor’s North Sea operations

  • Business & Finance

Classification organization DNV GL has secured a combined engineering services agreement with Chrysaor to deliver a range of services to the company in support of its North Sea operations.

Chrysaor recently completed the acquisition of a package of assets in the UK sector of the North Sea from Shell for a price of $3 billion.

The package of assets consists of Shell’s interests in Buzzard, Beryl, Bressay, Elgin-Franklin, J-Area, the Greater Armada cluster, Everest, Lomond and Erskine, plus a 10% stake in Schiehallion.

As an independent E&P company in the UK, Chrysaor has more than 400 staff working in the UKCS.

Hari Vamadevan, Regional Manager UK & West Africa, DNV GL – Oil & Gas says: ”We are delighted that we have been given the opportunity to work with Chrysaor and the hope is, that the agreement will form part of long term continuous relationship. I am hopeful that we will be able to assist them in their vision to be a market leading North European E&P company.”

Jack Downie, Head of Offshore Services DNV GL commented: “We anticipate that through our traditional and digital initiatives we can bring efficiency savings and support Chrysaor in their technical and safety processes.”

Chrysaor now holds stakes in ten fields and blocks, including the BP-operated Schiehallion.

Chrysaor also recently awarded a contract for an integrated portfolio of specialist asset integrity support services to its North Sea assets to Stork, a contract for crane management services on three UK North Sea assets to Sparrows Group and a contract for visualization software on Everest, Lomond, and Armada assets to Aberdeen-based Return To Scene Limited, a part of James Fisher and Sons.

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