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Premier takes Proserv subsea equipment for project off Indonesia

March 8, 2017

Energy services company Proserv has been awarded a multimillion-dollar contract for the supply of subsea equipment to the UK-based oil company Premier Oil for a project in the Natuna Sea. 

Proserv said on Wednesday that it would supply a subsea control system and associated equipment for the Bison, Iguana, and Gajah Puteri development project offshore Indonesia.

The scope of the deal entails the supply of a three-well subsea control system tied back to two platforms, Naga and Pelikan, in approximately 90 meters of water.

Bison and Iguana will tie back to the Pelikan platform, and Gajah Puteri will tie back from a controls perspective to the Naga platform 21 kilometers away.

Each well will have a wet gas meter, which is part of the company’s scope of supply and the system will be capable of future expansion to accommodate potential future infill drilling.

Delivery of the first phase of the equipment is scheduled for May 2018.

Before this latest award Proserv completed a project for Premier Oil on the Dua development in Vietnam in 2013.

Mathieu Al Kharfan, Proserv region president for Far East & Australia, said: “Proserv has already worked with Premier Oil on several projects, and we look forward to working with them in the successful delivery of this project.”

The Bison, Iguana, and Gajah Puteri, or the BIGP fields for short, are discovered gas fields on Premier’s operated Natuna Sea Block A and, according to Premier Oil, mark the next generation of developments to backfill the company’s existing Singapore and Indonesian contracts.

The FEED has been completed, and an investment decision on these projects is targeted for the first quarter of 2017. Together, these fields could increase gross deliverable reserves to Singapore and the local market by over 100 bcf.

Recently, Premier awarded GE Oil & Gas a contract for subsea trees and wellheads for the fields. For the initial phase, three sets of subsea trees and wellheads will be delivered by the first quarter of 2018.