Caribbean Platform Contract Goes to Aquaterra
DeNovo Energy has awarded Aquaterra Energy the front end engineering and design (FEED) contract for a “Sea Swift” platform that will be installed in the Zandolie field off the west coast of Trinidad and Tobago, Aquaterra reported Monday.
The contract represents a second DeNovo win for Aquaterra, which in 2018 designed, built and installed a Sea Swift conductor supported platform (CSP) for the Trinidad and Tobago-based firm’s Iguana field development. The Iguana CSP has since produced an average of 80 million standard cubic feet of natural gas, with 100-percent uptime to date in 2020, Aquaterra noted in a written statement emailed to Rigzone.
“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,” Aquaterra Technical Director Stewart Maxwell commented regarding the Zandolie contract. “We’re thrilled to be partnering with DeNovo on this FEED for a second Sea Swift CSP solution.”
Aquaterra stated that its latest DeNovo contract calls for applying modifications to the existing Iguana platform, conducting a review of pipeline infrastructure and designing a new single-well CSP in a 60-foot (20-meter) water depth destined for Zandolie. The company added the new CSP, which will be “tighter and smaller” than the Iguana structure, will be engineered for drilling and installation with a jack-up rig. It pointed out the measures will consequently lower project costs.
According to Aquaterra, Sea Swift is a minimum-facility offshore platform whose “innovative structure configurations” reduce the platform’s overall footprint but maintain a high standard of integrity. The firm stated the CSP keeps initial expenditures low by applying a simplified design that curbs steel requirements and emphasizes using available infrastructure and fabrication facilities.
“It’s extremely encouraging to still see new projects such as this moving ahead in the current, low oil price climate,” Maxwell stated. “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.”
Aquaterra noted that it expects to complete its Zandolie CSP project for DeNovo during the third quarter of this year.
To contact the author, email mveazey@rigzone.com.
WHAT DO YOU THINK?
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.
- Falcon Oil Declares Commercial Flow Test Results for Shenandoah Well
- Macquarie Strategists Expect Brent Oil Price to Grind Higher
- Japan Failing to Meet Corporate Demand for Clean Power: Amazon
- Pennsylvania County Joins List of Local Govts Suing Big Oil over Climate
- UK Oil Regulator Publishes New Emissions Reduction Plan
- PetroChina Posts Higher Annual Profit on Higher Production
- US, SKorea Launch Task Force to Stop Illicit Refined Oil Flows into NKorea
- McDermott Settles Reficar Dispute
- Russian Navy Enters Warship-Crowded Red Sea Amid Houthi Attacks
- USA Commercial Crude Oil Inventories Increase
- New China Climate Chief Says Fossil Fuels Must Keep a Role
- Oil Demand Outpaces Expectations, Testing Calculus on Peak Crude
- House Passes Protecting American Energy Production Act
- TotalEnergies Restarts Production in Denmark's Biggest Gas Field
- USA Oil and Gas Job Figures Jump
- Republican Lawmakers Say IEA Has Abandoned Energy Security Mission
- Blockchain Demands Attention in Oil and Gas
- Houthis Warn Saudi Arabia of Retaliation If It Backs USA Attacks
- Macquarie Sees USA Oil Production Exiting 2024 at 14MM Barrels Per Day
- Summer Pump Prices Set to Hit $4 a Gallon Just as Americans Hit the Road
- New China Climate Chief Says Fossil Fuels Must Keep a Role
- Chinese Mega Company Makes Major Oilfield Discovery
- VIDEO: Missile Attack Kills Crew Transiting Gulf of Aden
- Norway Regulator Blasts Proposal to Halt New Oil and Gas Permits
- Chinese Mega Company Makes Another Major Oilfield Discovery
- What Is the Biggest Risk to Offshore Oil and Gas Personnel in 2024?
- Vessel Sinks in Red Sea After Missile Strike
- Exxon Rights in Stabroek Do Not Apply to Hess Merger with Chevron: Hess
- Equinor Makes Discovery in North Sea
- Analysts Reveal Latest Oil Price Outlook Following OPEC+ Cut Extension