Statoil Awards Mariner Supply Contracts to Asco UK

Norway's Statoil announced Thursday that it has awarded the supply base and warehousing contracts for the Mariner field development to Asco UK Limited.

The Mariner field, located on the east Shetland area of the UK North Sea, is a heavy oil field that consists of two shallow-reservoir sections. Statoil and its partners intend the Mariner field to contribute more than 250 million barrels of reserves with average plateau production of 55,000 barrels per day.

Headquartered in Aberdeen, Asco is an international oilfield support services firm. The Mariner contract will see it provide supply base services, including personnel, local transportation, marine gas oil, quayside services and a nearby warehousing facility.

Asco will supply services for the Mariner field under two five-year contracts that are expected to start during 1Q 2016. 

Gunnar Breivik, managing director of Statoil Production UK, commented in a company statement:

"We are pleased with the interest we received in the market for this tendering process. We received competitive bids from several highly qualified companies.

"Production on Mariner requires a high level of drilling activity and the field is reliant on a seamless and cost efficient logistics chain. Asco is a well-established player and their supply base in Peterhead is a proven, high-performing logistics hub. We are looking forward to working closely with Asco to tackle industry challenges and optimise the supply and warehousing services that we depend on for successful operations on Mariner."

Statoil is the operator of the Mariner field with 65.11-percent equity.



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