Premier Oil to award Catcher FPSO EPC contract
The London-based company Premier Oil (Premier) and its partners, Cairn Energy (Cairn) from Scotland and the Basf subsidiary Wintershall from Germany, are on the point to make the final decision to award the engineering, procurement and construction (EPC) contract for a floating, storage, production and offloading (FPSO) vessel to develop the offshore Catcher project in the UK Central North Sea.
Located 180 kilometers east of Aberdeen in the Block 28/9 and Block 28/10, the Catcher project includes the development of three main oil and gas fields, Catcher, Varadero and Burgman.
Lying by only 91 meters of water depth, the Catcher oil and gas field was discovered in 2010 at 1,500 meters of total depth.
Originally shared between many stakeholders, the working interests in the Blocks 28/9 and 28/10 ended up in January 2012 concentrated among the three partners as following:
– Premier Oil 50% is the operator
– Cairn 30%
– Wintershall 20%
– Phase-1: Review previous feasibility studies and define the process flow diagram
– Phase-2: Design the subsea architecture, pipelines and tie-ins systems, tie-back to Catcher FPSO
Xodus completed Premier Catcher FEED work
– Up to 10 water injection wells
According to the positions of the Varadero and Burgman fields in respect with Catcher, these fields should be tied-back to the FPSO by subsea lines of 3 to 4 kilometer.
Since Xodus FEED work is completed, Premier Oil and its partners worked on the tendering process for the engineering, procurement, construction and installation (EPCI) contract for the subsea facilities and the construction and operating contract of the FPSO.
– BW Offshore
– Teekay Petrojarl
With a final investment decision (FID) to be made in December 2013 or on early 2014, Premier Oil and its partners Cairn and Wintershall are expecting the first oil and gas production to be shipped from the Catcher FPSO in 2017.