Aberdeen firm Wood Group secures $50m North Sea deal

Nexen Petroleum operates the development. Discovered in , the Golden Eagle discovery well was drilled to a depth of about 7, feet 2, meters , encountering feet 37 meters of net pay. A successful sidetrack well was drilled to appraise the accumulation, confirming Golden Eagle is commercially viable. The operator estimates that the area contains between and million boe of gross recoverable contingent resources. Nexen operates the field with a Pink will be jointly developed with Golden Eagle and Solitaire.

Developing Golden Eagle

Produced oil is exported to the Forties Pipeline System via a tie-in at the Buzzard field. The water depth in the region is between 89m and m. It is being executed by the operator, Nexen, holding a

Golden Eagle Hook up Nexen UK North Sea. Rigger Aker Solutions. September – Juli 11 Monate. NEXEN,Buzzard Oil Platform UK,North Sea. Rigger/Steel Erector. Croinin & Buckley Steel Engineering. September – August 2 Jahre. Irish Distillery,Eli lilly, County Cork Ireland. Rigger Radley : NVQ3 Opito level 4 Rigger.

You can enter multiple email addresses separated by commas Message: The short film gives a compelling insight into a four-day operation to lift and install the Mega Project’s Production, Utilities and Quarters PUQ deck, 70km north-east of Aberdeen. The weather-dependent operation swung into action on the morning of Thursday 29 May, when the Saipem Heavy Lift Vessel S began the process of lifting the 11, tonne PU deck onto its jacket structure.

The deck – with dimensions of Three further lifts were carried out by the S The 11, tonnes Production and Utilities Deck PU Deck The 2, tonnes Living Quarters LQ module 40m long x 13m wide x 25m tall The Flare Tower weighing tonne and 76m high The interconnecting bridge structure weighing tonnes and 70m long Installation of all components was completed by the evening of Sunday 1 June, with the operation described as a “truly magnificent achievement” by Graham Swan, Golden Eagle Deputy Project Manager.

Nexen, Wood Group PSN extend North Sea cooperation

The Golden Eagle development was given the go ahead in and is expected to see its first oil production take place in late Nexus will drill 20 development wells to access the resources, with 16 platform based wells and four subsea wells. Once fully operational, the Golden Eagle development is expected to produce the equivalent of million barrels of oil by the year and this figure is based on an initial production rate of around 70, barrels a day.

Nexen Petroleum’s Golden Eagle Area Development (GEAD) project includes development of the Golden Eagle and Peregrine (formerly Pink) fields in blocks 20/1, 20/1N and 14/26a of the North Sea, approximately km north-east of Aberdeen, UK.

The company will also cut 40 positions in the United States and 60 in Britain, where Nexen operates North Sea production. In an interview, Quinn Wilson, Nexen senior vice-president for human resources and corporate services, said the company is living up to the promises it made when the takeover was approved. Story continues below advertisement “We are fully compliant with the Investment Canada undertakings,” Mr.

I can say we are still compliant and we are committed to remain fully complaint. Moore’s spokesman, Jake Enwright, said in an e-mailed statement. CNOOC has joined oil companies from around the world in slashing capital budgets and laying off staff since the crude price plunged by some 60 per cent since last June. Wilson said the company believes crude prices could remain depressed for 18 to 24 months and has to respond with capital discipline.

The layoffs represent 13 per cent of Nexen’s total employee base, and 14 per cent of its Canadian work force. Story continues below advertisement Story continues below advertisement While Nexen has increased its oil sands production by 40 per cent since by improving the performance of its key Long Lake property, Mr. Wilson said that rate of growth cannot be sustained with the budget cuts.

Golden Eagle

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Facilities associated with GEAD include separate wellhead and production platforms with 2 subsea production systems. Initial production is from 2 wells at Golden Eagle. Eventually, the development will consist of 15 producers and 6 water injectors and peak production of 70, bopd. Development activities began in and production was reached on time and within budget. With a total weight of 15, tons, the PUQ is the largest offshore structure ever built by Lamprell.

The first, designed for use as a wellhead platform, was delivered in June Both topsides were built at Lamprell’s Jebel Ali facility in Dubai.

News : Commodities

The development plan for Golden Eagle incorporates a combined production, utilities and accommodation platform linked to a separate wellhead platform. Plans call for 20 development wells 16 platform-based and four subsea to be drilled. The development will also include associated in-field and export pipeline infrastructure.

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Production is expected to return to full rates before year end. By moving immediately to the start-up phase, we maximize cost efficiencies and shorten operational disruptions. This reflects strong production volumes from our legacy assets together with the ramping-up of Ettrick to full capacity, continued progress ramping-up Long Lake, and a successful shale gas fracing and completion program that is nearing first production early in the fourth quarter.

These have been sufficient to absorb the impact of the sale of our Canadian heavy oil properties for an attractive value, advancing the start-up of the fourth production platform at Buzzard, unscheduled downtime at Buzzard to repair the separator and an eight week shutdown of the Scott platform for the Forties pipeline operator to repair a valve failure. We are focused on three growth strategies: We add value for shareholders through successful full-cycle oil and gas exploration and development, and leadership in ethics, integrity, governance and environmental stewardship.

Forward-Looking StatementsCertain statements in this report constitute “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of or “forward-looking information” within the meaning of applicable Canadian securities legislation. Such statements or information together “forward-looking statements” are generally identifiable by the forward-looking terminology used such as “anticipate”, “believe”, “intend”, “plan”, “expect”, “estimate”, “budget”, “outlook”, “forecast” or other similar words and include statements relating to or associated with individual wells, regions or projects.

Statements relating to “reserves” or “resources” are forward-looking statements, as they involve the implied assessment, based on estimates and assumptions that the reserves and resources described exist in the quantities predicted or estimated, and can be profitably produced in the future. The forward-looking statements are subject to known and unknown risks and uncertainties and other factors which may cause actual results, levels of activity and achievements to differ materially from those expressed or implied by such statements.

Such factors include, among others:

Case Studies

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Due to the innovative nature of the project and its connection to a weak EHV grid, technical problems were experienced which were new to the oil and gas industries. Without these the plant electrical system would not have met the IEEE harmonic requirements. Numerous site investigations and studies ETAP carried out which resulted in detailed reports and recommendations for the reliable, economic and safe operation of the plant electrical power system infrastructure.

Included private network kV and 10 kV network analysis and design and grid interface design. Produced grid distribution code compliance technical documentation. As a result of this work the kV power supply was successfully made available to the site. Studies included load flow, fault level, protection, motor starting and transient stability. This involved fault level analysis, protection scheme design, power quality assessment and generator control systems specification for 60 MVA utility connection with site generation.

Load flow, Fault studies and protection scheme design and settings on industrial power plants up to kV utility infeed and site generation. Arc flash evaluation studies. Transient analysis of synchronous and induction motors up to 20 MW rating.

Golden Eagle

Andrew Thomson, business development manager, explained that the company has been through several owners and changes since its foundation: In the Wimpey Group bought the company, which was renamed SLP Engineering Ltd, to become part of their offshore construction services group. Since that time we have had numerous owners, UK, Brazilian, Dutch, and as of September , a large Singaporean company SMOE Pte Ltd, a subsidiary of Sembcorp Marine, purchased 70 per cent of the company, with the remaining 30 per cent being owned by eight members of the current management team.

PROJECT MANAGEMENT IN NORTH SEA OIL & GAS ECITB PROJECT Golden Eagle – Managing The Project Vision – Stakeholder Engagement Paul Harris, Development Director, Nexen UK Construction Manager and Hook-Up & Commissioning Manager roles through to production start-up. In Paul was appointed Project Manager.

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