Premier hands out Sea Lion FEED awards
Premier Oil, an independent oil company, has awarded the Front-End Engineering and Design (FEED) contract for SURF and flexibles for the company’s Sea Lion development, in the North Falkland Basin, offshore the Falkland Islands.
Premier Oil is the operator of the licence containing the Sea Lion discovery with 60% interest, while its partner Rockhopper Exploration has 40% interest.
According to Rockhopper Exploration, the oil and gas exploration and production company with interests in the North Falkland Basin and the Greater Mediterranean region, the FEED contract for SURF Transport and Installation has been entered into with Subsea 7. In addition, the FEED contract for flexibles has been awarded to National Oilwell Varco.
It is expected that the SPS FEED contract will be awarded during 1Q 2016, Rockhopper added.
Earlier this year, Premier awarded the FEED contract for an FPSO for Phase 1 of its Sea Lion development to SBM Offshore.
Samuel Moody, CEO, commented: “The award of FEED for SURF Transport and Installation and Flexibles to such internationally renowned contractors builds on the momentum of the award of the FPSO FEED contract to SBM earlier this year and demonstrates that, despite the low oil price environment, the Sea Lion project continues to move forward.”