Infinity picks up ‘substantial’ engineering contract from Apache
Engineering company Infinity has been awarded a ‘substantial’ contract from oil and gas company Apache for work on the Seagull development in the North Sea.
Infinity said on Monday that the contract entailed support for the pre-FEED & FEED work, provision of production assurance, pipeline integrity engineering, and subsea technical assurance on behalf of Apache.
The company added that the Seagull win came during a period of growth. Namely, Infinity added four engineers to their team in recent months, moved to larger premises in Westhill, Aberdeenshire, and it is expected to add ten more employees over the next 12 months.
Infinity also said that its recent contracts were secured from existing clients as well as from two new customers, one of which is an undisclosed “major E&P company.”
According to the company, this is a record-breaking year turnover-wise and a positive forecast for Infinity in the coming months and years.
Patrick Duggan, subsea projects and operations manager at Apache, said: “Apache has worked closely with Infinity and their team on a number of projects over the past two years. […] Infinity has provided us with a range of engineering solutions which have quickly aligned with the Apache pace and method of delivering projects and operations scopes. We look forward to building on the positive relationship with Infinity on our current and future projects.”
As for the Seagull development, it will consist of a multi-well subsea tieback project to existing nearby facilities that will start during 2019 with the first production expected prior to Q1 2022.
On the same day, Neptune Energy announced it would buy 35% working interest in the Seagull development and a 50% working interest in the Isabella prospect from Apache for an undisclosed price.
Neptune said the acquisition provided it with a low cost, near-term development in close proximity to existing infrastructure, as well as a material undrilled prospect both located in the Central North Sea.