Premier Oil Awards SBM Offshore Sea Lion FEED Contract

Premier Oil has awarded SBM Offshore a front-end engineering and design (FEED) contract for an FPSO for Phase 1 of its Sea Lion development in the North Falkland Basin.

The 18-month contract awarded to SBM Offshore covers the FEED elements of the proposed FPSO. The asset will be a converted FPSO with a throughput capacity of approximately 85,000 barrels per day and will operate in 1,476 feet of water.

The proposed Phase 1 Sea Lion project, which is subject to a final investment decision targeted for the end of the FEED in the second half of 2017, is operated by Premier with Rockhopper Exploration plc as the joint venture partner. Subsequent phases for developing Sea Lion and the wider North Falkland Basin reserves, which will utilize FPSOs, are envisaged.



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Eni: Oil, Gas Discovery in Norwegian S... (Jan 17)
 -  Tullow Finds Oil in Kenyan Erut-1 Well (Jan 17)
 -  Utgard, Byrding Field Development Plan... (Jan 17)
 -  E&P Consultants Earning 27% Less than ... (Jan 17)
 -  NextDecade Leases Texas City Site for ... (Jan 17)


Most Popular Articles

From the Career Center
Jobs that may interest you
Location Manager I - Saybolt
Expertise: Business Development|Facilities Management|Surveying
Location: Texas City, TX
 
Electrical Design Engineer - Downhole Tools
Expertise: Design Engineer|Electrical Engineering
Location: Houston, TX
 
United States Lafayette: Service Operator II - Surface Solutions
Expertise: Field Service Tech
Location: Lafayette, LA
 
search for more jobs

Brent Crude Oil : $55.47/BBL 0.69%
Light Crude Oil : $52.48/BBL 0.30%
Natural Gas : $3.41/MMBtu 0.29%
Updated in last 24 hours