Enegi announced Friday that oil and gas services firm Arup has signed a collaboration agreement with ABT Oil and Gas (ABTOG), an Enegi-ABTechnology joint venture, to become the latest member of the Marginal Field Delivery Consortium (MFDC).
The MFDC was established by ABTOG to develop new ways of using existing technologies in order to exploit small oil and gas fields that are deemed non-commercial, using conventional means of production. Arup joins existing MFDC members Kongsberg Maritime, Apollo, RMRI, Braemar ACM, AGR and Frames.
Alan Minty, chairman of Enegi, commented in a company statement:
"We are delighted that an organization that is as well established and well respected as Arup so clearly sees the value in what ABTOG’s consortium is doing. Their ACE structures [a self-installing, re-deployable platform] represent a very credible and attractive option for a number of the projects on which ABTOG is currently in discussions, and Arup’s approach to project management is exactly what is required to ensure successful delivery of marginal field projects. Arup is the final essential member of the consortium and their addition significantly enhances our coherent vision of how marginal field projects can be transformed and delivered on time and within budget."
Rob Duffin, oil and gas leader at Arup, said in an organization release:
"Arup is very pleased to be involved in ABTOG’s Marginal Field Delivery Consortium and believes that the lean and focused approach being adopted is exactly that that is required to maximize recovery of resources in the North Sea, and beyond, at a time of lower oil prices. Our self-installing ACE platform is a proven and safe, environmentally sensitive, efficient and cost-effective solution that fits well with the objectives of the consortium and we look forward to working with all members to deliver real value and increased opportunities for our clients."
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