DeNovo Energy has awarded Aquaterra Energy, a leader in global offshore engineering solutions, the FEED contract on May 18 for a second Sea Swift platform to be located in the Zandolie field, off of the west coast of Trinidad and Tobago.
The award follows on from Aquaterra Energy’s successful design, build and installation of its Sea Swift conductor supported platform (CSP) for DeNovo Energy’s first west-coast field development, Iguana, in 2018. That platform was designed and delivered in 10 months. Since then, the Iguana structure has safely produced an average of 80 million standard cubic feet of natural gas—recording uptime of 100% in 2020 so far.
The latest project will see Aquaterra Energy apply modifications to the existing Iguana platform, conduct a review of the pipeline infrastructure and design a new single well CSP in 20 m water depth destined for Zandolie. This platform is expected to be lighter and smaller than the Iguana structure and will be engineered for drilling and installation via a jackup rig. Together these measures will significantly reduce project costs.
“Similar to the Iguana platform, we will seek to provide a design and development solution that will enable DeNovo Energy to maximize fabrication opportunities in-country. We’re thrilled to be partnering with DeNovo on this FEED for a second Sea Swift CSP solution,” Stewart Maxwell, technical director at Aquaterra Energy, said.
The company is proud to have created multiple efficiencies across the DeNovo Iguana operations through intelligent engineering.
“We are ready to take that experience and apply it to the Zandolie project to deliver a lighter, smaller platform designed with the environment in mind,” Maxwell. added “It’s extremely encouraging to still see projects such as this moving ahead in the current, low oil price climate. If an operator is considering a new platform installation, now is the time to progress. Even with this market uncertainty, overall project costs have been reduced, which should be a factor in any decision.”
Sea Swift is a minimum-facility offshore platform that utilizes innovative structural configurations to reduce the overall footprint of the facility, whilst ensuring the highest standard in platform integrity. The simplified design, reduced steel requirement and focus on using available infrastructure and fabrication facilities keep initial expenditure low, but also mitigate the risks of escalating project costs. The platform offers a low-risk, low-cost route to reduce time to first oil or gas production resulting in lower capital investment—without a compromise on the overall safety of the structure.
The work for DeNovo Energy is expected to be completed third-quarter 2020.
Recommended Reading
APA Ratchets Up Permian Activity to Stoke US Oil Growth
2024-08-01 - APA Corp. expects an 8% uptick in its U.S. oil production in fourth-quarter 2024 compared to second-quarter 2024 as the company continues to connect more wells in the Permian Basin.
Analyst: US NGL Market Tightens Links to Crude, NatGas Production
2024-09-02 - A boost in propane and ethane development is tied to the opening of the Matterhorn Pipeline in the Permian, evidence of the increasingly closer link between different sectors of the energy industry.
Energy Transfer’s Warrior Shrugs Off Newly Announced NatGas Pipeline
2024-08-08 - Energy Transfer said the July 31 announcement of the new Permian Basin Blackcomb natural gas pipeline will have “zero” effect on its Warrior Pipeline.
Texas Needs More Natgas Pipes as Prices Turn Negative Again
2024-07-31 - Spot gas prices for July 31 at the Waha hub in West Texas turned negative for a third time in July even as a record-breaking heatwave could boost U.S. power demand to an all-time high later this week as homes and businesses crank up their air conditioners.
Hurricane Francine Shuts in Quarter of GoM Oil, Gas Production
2024-09-11 - The Bureau of Safety and Environmental Enforcement reported that 130 platforms and several rigs were affected as the storm approached the Louisiana coast.