Wood secures work on Total’s Tyra project
- Business & Finance
Oilfield services company Wood has secured a new four-year contract with Total Denmark E&P to provide the development and delivery of a significant operations readiness assurance scope for the Tyra redevelopment project, located in the North Sea, 225 kilometers west of Esbjerg.
Wood will deploy its integrated maintenance database (IMD) to build Total’s SAP maintenance management system, the company said on Monday.
Delivered by Wood specialists based in Esbjerg, Aberdeen and Manila, the IMD enables the creation and manipulation of hierarchical equipment lists, job plans and tasks, task lists, object lists, bills of material, routes and planned maintenance.
Bob MacDonald, CEO of Wood’s Specialist Technical Solutions business, said: “We have a long-standing relationship with Total across their assets globally and are pleased to continue this on our first project together in Denmark.”
Tyra is Denmark’s largest gas field and its redevelopment constitutes the largest oil & gas investment ever made in the Danish North Sea; securing continued operations on the field for the next 25 years.
The full redevelopment of the Tyra gas field was approved by the Danish Underground Consortium (DUC) back in December 2017 while the project was still operated by Maersk Oil. Total took over the project last March following the acquisition of Maersk Oil.
The redevelopment of Tyra will cost around $3.36 billion. It will ensure continued production from Denmark’s largest gas field, and will protect and rejuvenate important Danish North Sea infrastructure.
The redeveloped Tyra is expected to deliver approximately 60.000 barrels of oil equivalent per day at peak, and it is estimated that the redevelopment can enable the production of more than 200 million barrels of oil equivalent. Approximately 2/3 of the production is expected to be gas and the rest oil.