Wood gets $75 million worth Mariner job from Equinor
Oilfield services provider Wood has secured a new contract with Equinor to support its operations at the Mariner field in the UK Continental Shelf (UKCS).
Wood said on Wednesday that it has entered into a three-year agreement to deliver operations, maintenance, modifications, and offshore services on the Mariner A platform and Mariner B floating storage unit.
The agreement, valued at around $75 million, will run for three years from January 2021 through to 4Q 2023, with options to extend.
Craig Shanaghey, president of Wood’s operations services business in Europe and Africa, comments: “We are delighted to extend our strong partnership with Equinor to include support for their operations at the pioneering Mariner field”.
Shanaghey added: “Mariner is still in its early years of production and, with Wood’s ambition to realise a digitally-enabled future, we see excellent potential to explore new opportunities that will promote a lifetime of sustainable and responsible operations at the field”.
The Mariner field is one of the most innovative offshore developments, supported by new digital solutions and the latest technologies, including automated drilling and digital twin solutions. The field is Equinor’s first operated development in the UK North Sea.
The contract builds upon Wood’s recent agreements with Equinor on the Kollsnes gas processing facility and Breidablikk tie-back development in Norway.
The work will be delivered by Wood’s Aberdeen-based onshore and offshore teams, with support from its global engineering community.
The Mariner field is located on the East Shetland Platform in UK Block 9/11a in the northern North Sea approximately 150 kilometres east of the Shetland Islands.
The field development concept includes the Mariner A production, drilling and living quarters (PDQ) platform based on a steel jacket with a floating storage unit (FSU), Mariner B.
The field started oil production in August 2019. The field is expected to produce more than 300 million barrels of oil over the next 30 years.