Subsea 7 today announced the award of a sizeable1 contract by Aker BP for the Trell & Trine field development, located in the Alvheim area of the North Sea.
The project involves a subsea tie-back of approximately 21 kilometers to the Alvheim FPSO, via the existing East Kameleon subsea manifold. The contract scope includes engineering, procurement, construction and installation (EPCI) of the pipelines, spools, protection covers and tie-ins using key vessels from Subsea 7’s fleet. The production pipeline is a pipe-in-pipe design.
Project management and engineering will commence immediately at Subsea 7’s offices in Stavanger, Norway. Fabrication of the pipelines will take place at Subsea 7’s spoolbase at Vigra, Norway and offshore operations are expected to take place in 2023 and 2024.
Monica Th. Bjørkmann, Vice President for Subsea 7 Norway said: “This award is a continuation of Aker BP’s exciting development of the Alvheim area. The Trell & Trine field development is an excellent example of how our collaboration with Aker BP and Aker Solutions, through the Aker BP Subsea Alliance2, builds upon our collective experience from previous and ongoing projects. The partnership enables Subsea 7 to engage early in the field development process, optimising design solutions and contributing to a positive final investment decision. Subsea 7 is looking forward to continuing our collaboration for the Trell & Trine field development, with a focus on safe, efficient and reliable operations.”
Friday 19 August 2022
Wednesday 17 August 2022
Santos announces Pikka FID
Santos, as operator of the Pikka Unit joint venture, today announced a final investment decision (FID) has been taken to proceed with the US$2.6 billion gross (US$1.3 billion Santos-share) Pikka Phase 1 oil project located on the North Slope of Alaska.
Pikka Phase 1 is expected to produce 80,000 barrels a day of oil gross with first oil anticipated in 2026.
The project has strong fundamentals, is located in a world-class oil producing province with significant existing infrastructure, has low unabated emissions intensity and is supported by key stakeholders, including the State of Alaska, the North Slope Borough, the landowner company Kuukpik Corporation and the Arctic Slope Regional Corporation (ASRC).
Taking FID on Pikka Phase 1 is consistent with Santos’ goal of achieving net-zero (scope 1 and 2, equity share) by 2040. Santos is committed to delivering a net-zero project (scope 1 and 2, equity share) and has entered into Memorandums of Understanding with Alaska Native Corporations to deliver carbon offset projects, including a Strategic Alliance with ASRC Energy Services, a wholly-owned subsidiary of ASRC, on leading technology development for carbon solutions in the Arctic.
Alaska has a rich and proud oil and gas history – welcoming the jobs, investment and community development the industry provides. Pikka Phase 1 represents one of the lowest-cost and lowest unabated emissions intensity new oil projects in the region.
Santos is focussed on local procurement and local employment as part of the project, with 98 per cent of current employees living in Alaska. Phase 1 of the project is expected to create more than 500 jobs and construction of the project will deliver approximately 2,600 jobs.
The Pikka Phase 1 project represents compelling value for Santos shareholders given its robust economics and strong local stakeholder support.
Santos Managing Director and Chief Executive Officer Kevin Gallagher said Pikka Phase 1 is the right project at the right time in the right location.
“Global oil and gas markets are seeing increased volatility and countries are looking to diversify their supply sources away from Russia, which according to the International Energy Agency, currently produces 18 per cent of the world’s gas and 12 per cent of its oil,” Mr Gallagher said.
“Low-carbon oil projects like Pikka Phase 1 respond to new demand for OECD supply and are critical for global and United States energy security, that has been highlighted since the Russian invasion of Ukraine.
“Santos has emission reduction plans to achieve scope 1 and 2 net-zero emissions by 2040 and in-line with that commitment, Pikka will be a net-zero project.
“The project will add further diversification to our portfolio and reduces geographic concentration risk.
“Pikka Phase 1 will execute a responsible development plan with a small surface footprint and utilise existing infrastructure, including the Kuparuk transportation pipeline and the Trans-Alaska pipeline system.
“We have a world-class team with a rich history of successfully carrying out work on the North Slope. With approximately 90 per cent of project spend within North America minimising supply chain risk and civils work already completed, the project is well positioned for execution.”
Santos has a 51% interest in the Pikka Unit. The remaining interest is held by Repsol.
Pikka Phase 1 is expected to produce 80,000 barrels a day of oil gross with first oil anticipated in 2026.
The project has strong fundamentals, is located in a world-class oil producing province with significant existing infrastructure, has low unabated emissions intensity and is supported by key stakeholders, including the State of Alaska, the North Slope Borough, the landowner company Kuukpik Corporation and the Arctic Slope Regional Corporation (ASRC).
Taking FID on Pikka Phase 1 is consistent with Santos’ goal of achieving net-zero (scope 1 and 2, equity share) by 2040. Santos is committed to delivering a net-zero project (scope 1 and 2, equity share) and has entered into Memorandums of Understanding with Alaska Native Corporations to deliver carbon offset projects, including a Strategic Alliance with ASRC Energy Services, a wholly-owned subsidiary of ASRC, on leading technology development for carbon solutions in the Arctic.
Alaska has a rich and proud oil and gas history – welcoming the jobs, investment and community development the industry provides. Pikka Phase 1 represents one of the lowest-cost and lowest unabated emissions intensity new oil projects in the region.
Santos is focussed on local procurement and local employment as part of the project, with 98 per cent of current employees living in Alaska. Phase 1 of the project is expected to create more than 500 jobs and construction of the project will deliver approximately 2,600 jobs.
The Pikka Phase 1 project represents compelling value for Santos shareholders given its robust economics and strong local stakeholder support.
Santos Managing Director and Chief Executive Officer Kevin Gallagher said Pikka Phase 1 is the right project at the right time in the right location.
“Global oil and gas markets are seeing increased volatility and countries are looking to diversify their supply sources away from Russia, which according to the International Energy Agency, currently produces 18 per cent of the world’s gas and 12 per cent of its oil,” Mr Gallagher said.
“Low-carbon oil projects like Pikka Phase 1 respond to new demand for OECD supply and are critical for global and United States energy security, that has been highlighted since the Russian invasion of Ukraine.
“Santos has emission reduction plans to achieve scope 1 and 2 net-zero emissions by 2040 and in-line with that commitment, Pikka will be a net-zero project.
“The project will add further diversification to our portfolio and reduces geographic concentration risk.
“Pikka Phase 1 will execute a responsible development plan with a small surface footprint and utilise existing infrastructure, including the Kuparuk transportation pipeline and the Trans-Alaska pipeline system.
“We have a world-class team with a rich history of successfully carrying out work on the North Slope. With approximately 90 per cent of project spend within North America minimising supply chain risk and civils work already completed, the project is well positioned for execution.”
Santos has a 51% interest in the Pikka Unit. The remaining interest is held by Repsol.
Monday 8 August 2022
Angola: TotalEnergies is Rolling out its Multi-Energy Strategy by Launching Three Projects in Oil, Gas and Solar Energy
As part of the rollout of its multi-energy strategy in Angola, TotalEnergies announces the launch of the Begonia oil field, and Quiluma and Maboqueiro gas fields developments, as well as its first photovoltaic project in the country, with a capacity of 35 MWp and the possibility of adding 45 MWp in a second phase.
Begonia, the first development on Block 17/06
TotalEnergies today announces the final investment decision for Begonia, the first development of block 17/06, located 150 kilometers off the Angolan coast, in agreement with concession holder Agência Nacional de Petróleo, Gás e Biocombustíveis (ANPG) and its partners on Block 17/06.
The Begonia development consists of five wells tied back to the Pazflor FPSO (floating production, storage and offloading unit), already in operation on Block 17. After commissioning, expected in late 2024, it will add 30,000 barrels a day to the FPSO's production.
After CLOV Phase 3, another satellite project that produces 30,000 barrels a day and was launched on Block 17 in June 2022, Begonia is the second TotalEnergies-operated project in Angola to use a standardized subsea production system, saving up to 20% on costs and shortening lead times for equipment delivery.
The project represents an investment of $850 million and 1.3 million man-hours of work, 70% of which will be carried out in Angola.
Quiluma and Maboqueiro, Angola's first non-associated natural gas projects
TotalEnergies also announces the final investment decision for the “Non Associated Gas 1” (NAG1) project, in which the Company holds an 11.8% interest alongside its partners, Eni (operator with 25.6%), Chevron (31%), Sonangol P&P (19.8%) and bp (11.8%).
NAG1 is the first non-associated natural gas project developed in Angola. Gas produced from the Quiluma and Maboqueiro offshore fields will supply the Angola LNG plant, improving Angola's LNG production capacity and the availability of domestic gas for the country's industrial development. Production is scheduled to start in mid-2026.
Quilemba, Angola's first TotalEnergies solar plant
TotalEnergies, alongside the Ministry of Energy and Water as well as its partners Sonangol and Greentech, was also awarded by the Angolan authorities, the concession for the construction of the Quilemba photovoltaic plant, with initial capacity of 35 MWp and the possibility of adding 45 MWp in a second phase.
The plant will be located in the southern city of Lubango and should come on stream at the end of 2023. It will contribute to the decarbonization of Angola’s energy mix and, through a fixed-price Power Purchase Agreement (PPA), deliver significant savings for the Angolan government compared to the fuel used in existing power plants. TotalEnergies holds an 51% interest in Quilemba solar, alongside affiliates of Sonangol EP (30%) and Angola Environment Technology (Greentech, 19%).
"Begonia, NAG1 and Quilemba illustrate the deployment of our multi-energy strategy in Angola, where TotalEnergies has been active for nearly seventy years," said Patrick Pouyanné, Chairman and CEO of TotalEnergies. “With Begonia, the first subsea tieback to another block, we are leveraging the existing Pazflor infrastructure, reducing costs, thanks largely to the standardization of subsea equipment, and continuing to innovate in the deep offshore. With the NAG1 project, we will contribute to the country’s industrial development and enable Angola, from 2026, to increase its LNG production and to contribute to the security of supply of Europe and Asia. Quilemba will allow us to harness the country's solar potential and develop a sustainable model for the production of electricity. These three projects demonstrate TotalEnergies' ambition to support Angola during the energy transition by producing energy with low carbon intensity and developing renewables in a country with strong potential."
Begonia, the first development on Block 17/06
TotalEnergies today announces the final investment decision for Begonia, the first development of block 17/06, located 150 kilometers off the Angolan coast, in agreement with concession holder Agência Nacional de Petróleo, Gás e Biocombustíveis (ANPG) and its partners on Block 17/06.
The Begonia development consists of five wells tied back to the Pazflor FPSO (floating production, storage and offloading unit), already in operation on Block 17. After commissioning, expected in late 2024, it will add 30,000 barrels a day to the FPSO's production.
After CLOV Phase 3, another satellite project that produces 30,000 barrels a day and was launched on Block 17 in June 2022, Begonia is the second TotalEnergies-operated project in Angola to use a standardized subsea production system, saving up to 20% on costs and shortening lead times for equipment delivery.
The project represents an investment of $850 million and 1.3 million man-hours of work, 70% of which will be carried out in Angola.
Quiluma and Maboqueiro, Angola's first non-associated natural gas projects
TotalEnergies also announces the final investment decision for the “Non Associated Gas 1” (NAG1) project, in which the Company holds an 11.8% interest alongside its partners, Eni (operator with 25.6%), Chevron (31%), Sonangol P&P (19.8%) and bp (11.8%).
NAG1 is the first non-associated natural gas project developed in Angola. Gas produced from the Quiluma and Maboqueiro offshore fields will supply the Angola LNG plant, improving Angola's LNG production capacity and the availability of domestic gas for the country's industrial development. Production is scheduled to start in mid-2026.
Quilemba, Angola's first TotalEnergies solar plant
TotalEnergies, alongside the Ministry of Energy and Water as well as its partners Sonangol and Greentech, was also awarded by the Angolan authorities, the concession for the construction of the Quilemba photovoltaic plant, with initial capacity of 35 MWp and the possibility of adding 45 MWp in a second phase.
The plant will be located in the southern city of Lubango and should come on stream at the end of 2023. It will contribute to the decarbonization of Angola’s energy mix and, through a fixed-price Power Purchase Agreement (PPA), deliver significant savings for the Angolan government compared to the fuel used in existing power plants. TotalEnergies holds an 51% interest in Quilemba solar, alongside affiliates of Sonangol EP (30%) and Angola Environment Technology (Greentech, 19%).
"Begonia, NAG1 and Quilemba illustrate the deployment of our multi-energy strategy in Angola, where TotalEnergies has been active for nearly seventy years," said Patrick Pouyanné, Chairman and CEO of TotalEnergies. “With Begonia, the first subsea tieback to another block, we are leveraging the existing Pazflor infrastructure, reducing costs, thanks largely to the standardization of subsea equipment, and continuing to innovate in the deep offshore. With the NAG1 project, we will contribute to the country’s industrial development and enable Angola, from 2026, to increase its LNG production and to contribute to the security of supply of Europe and Asia. Quilemba will allow us to harness the country's solar potential and develop a sustainable model for the production of electricity. These three projects demonstrate TotalEnergies' ambition to support Angola during the energy transition by producing energy with low carbon intensity and developing renewables in a country with strong potential."
First Gas introduced at Tinrhert Field Development project in Algeria
A major milestone has been achieved in the delivery of Sonatrach’s Tinrhert Field Development Project in Algeria, with the safe introduction of the first hydrocarbons for the start-up of production. When completed, the development will boost natural gas production capabilities for both local and export markets, enabling economic growth in-country.
Located in Ohanet, around 1,500km southeast of Algiers, Petrofac’s scope of work has included a new inlet separation and compression centre, extending the existing Central Processing Facility which the Company were involved in delivering in 2002. The centre will remove CO2 and mercury from the field’s gas reserves, so the gas is within specifications for the global market. The second part of the project involves the construction of a pipeline network of approximately 400km to connect 36 new wells, along with commissioning, start-up and performance testing of facilities.
Manish Bhojwani, Petrofac’s Algeria Country Manager said:
“The introduction of first gas is a significant step in bringing the project online. The teams are now focused on full start up as we head towards a safe completion. We’re proud that this continues to build on our successful track record, Petrofac has been working to support Algeria’s oil and gas production for more than two decades since our first major contract, the original development here in Ohanet, in 2000.”
Petrofac typically employ more than 800 people in Algeria, more than half of whom are Algerian nationals. Through the Company’s sub-contractors, several thousand more people are generally employed on Petrofac led projects and in 2021, more than 85% were Algerian nationals. Trainees have been recruited locally to support project delivery, with criteria that all are resident in the Ouragla or Ilizi Wilaya regions.
Located in Ohanet, around 1,500km southeast of Algiers, Petrofac’s scope of work has included a new inlet separation and compression centre, extending the existing Central Processing Facility which the Company were involved in delivering in 2002. The centre will remove CO2 and mercury from the field’s gas reserves, so the gas is within specifications for the global market. The second part of the project involves the construction of a pipeline network of approximately 400km to connect 36 new wells, along with commissioning, start-up and performance testing of facilities.
Manish Bhojwani, Petrofac’s Algeria Country Manager said:
“The introduction of first gas is a significant step in bringing the project online. The teams are now focused on full start up as we head towards a safe completion. We’re proud that this continues to build on our successful track record, Petrofac has been working to support Algeria’s oil and gas production for more than two decades since our first major contract, the original development here in Ohanet, in 2000.”
Petrofac typically employ more than 800 people in Algeria, more than half of whom are Algerian nationals. Through the Company’s sub-contractors, several thousand more people are generally employed on Petrofac led projects and in 2021, more than 85% were Algerian nationals. Trainees have been recruited locally to support project delivery, with criteria that all are resident in the Ouragla or Ilizi Wilaya regions.
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