Oil&Gas UK: Good news from Maersk Oil

Oil & Gas UK has welcomed the news that Maersk Oil has awarded a FEED contract for Culzean field platform.

Oil&Gas UK Good news from Maersk Oil

 

Oil & Gas UK’s operations director, Oonagh Werngren, commenting on Maersk Oil North Sea UK’s Culzean project said: “It is very good news to hear that Maersk Oil UK has achieved significant progress on the Culzean project by awarding a £3 billion contract for front end engineering (FEED) of a new offshore platform to a UK contractor, KBR.

“The Culzean gas field is a prime example of the type of ultra-High Pressure High Temperature (uHPHT) project which will benefit from the new HPHT field allowance proposed by the UK Government, which will enable operators to realise the potential of other prospects with similar technical challenges. “

The uHPHT field allowance also provides the focus for Oil & Gas UK’s forthcoming breakfast briefing on June 3, at which TOTAL E&P UK, Maersk Oil North Sea UK and BG

Group will be covering a range of topics including the challenges and successes associated with uHPHT developments including the impact of the new field allowance on future production and its contribution to stimulating exploration and development in new areas.

 

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Press Release, May 23, 2014