RockRose Mulls Bleo Holm Options
Offshore the U.K., RockRose Energy is considering whether the Bleo Holm FPSO, which is producing for the Ross and Blake fields in the U.K. North Sea, should be replaced or have its life extended.
RockRose has commissioned two reports, one to evaluate the potential of the Blake Field and Tain discovery, and another one to review the FPSO options on the Blake and Ross fields.
RockRose has hired ERC Equipoise to evaluate both the existing upside potential within the Blake Field (30.82%) and the nearby Tain satellite discovery (50%), with a view to a final investment decision (FID) on the Tain development.
The Blake Field lies 12 km (7 miles) northeast of the Ross Field and has been producing since 2001. Repsol Sinopec is the operator of the field.
Oil from the Blake Field is produced via a subsea manifold and dual flowlines to the Ross FPSO.
RockRose has also commissioned an independent report from Crondall Energy to review the FPSO options on the Blake and Ross fields.
The operator entered all three fields in December 2017 via an acquisition of Idemitsu Petroleum UK and its assets in the U.K. North Sea, which include the Ross, Blake, Tain, Nelson, Howe, Balmoral, Stirling, Beauly, Burghley and Galley fields operated by Shell, Premier and Repsol.
TMC Secures FPSO Compressor Job
Oslo-based TMC Compressors of the Seas will supply the marine compressed air system for SBM Offshore’s FPSO destined for ExxonMobil’s Liza project in Guyana, the company said on March 19.
The vessel, formerly the Bahamas-flagged Tina very large crude carrier, is undergoing conversion at Keppel’s shipyard in Singapore. It is designed for a capacity of 120,000 bbl/d of oil along with associated gas treatment capacity of about 4.8 MMcm/d (170 MMcf/d).
No dollar amount was provided for the contract, which involves a large compressed air system that includes 3 x 400 kW frequency-controlled instrument air compressors; 2 x 86 kW feed air compressors; and associated air dryers and filters.
SBM Offshore will construct, install, lease and operate the FPSO.
“This will be a big FPSO, with a maximum storage capacity said to be 1.6 million barrels of crude oil, so it requires some major compressor power, which we are extremely happy to deliver,” said Hans Petter Tanum, TMC’s director of sales and business development.
MISC Berhad Enters Thai Oil And Gas Sector
The on-time completion of FSO Benchamas 2 after 2.2 million man-hours marked the entrance of MISC Berhad into Thailand’s offshore oil and gas sector. It also marked MISC’s first partnership with Chevron Offshore (Thailand) Ltd. (COTL).
MISC, an energy-related maritime solutions and services provider, named the new facility on March 20. The FSO will be deployed to develop the Benchamas Field in the Gulf of Thailand.
The contract for lease and operations was finalized in August 2016, and work began in early 2017. FSO Benchamas 2 has a storage capacity of 650,000 bbl and a 12-year design life without dry-docking.
“FSO Benchamas 2 is a significant achievement for MISC, being our first collaboration with Chevron in the offshore segment,” said Yee Yang Chien, MISC’s president and group CEO. “We are honored for the trust and opportunity given to MISC for us to work together with COTL toward the development and sustainability of Thailand’s oil and gas sector.”
Chien added that MISC will pursue other opportunities in the region’s oil and gas industry.
China National Oil and Gas Exploration and Development Co. (CNODC) has signed a binding agreement with Russia’s Novatek to buy a 10% stake in the Arctic LNG 2 project, Novatek said on April 25.
Tullow Oil downgraded its 2019 output guidance to 90,000-98,000 barrels of oil per day (bbl/d) due to problems at its Ghana fields and sees final go-aheads for its Uganda in the second half while its Kenya project timeline was “ambitious.”
CNOOC Ltd. subsidiary CNOOC China Ltd. has signed a petroleum contract with PetroChina Co. Ltd, for the Beibu Gulf 23/29 and Beibu Gulf 24/11 blocks in the South China Sea’s Beibu Gulf Basin, according to a news release.