20119
Giant Platform Installed in Clair Oilfield
Energy

Giant Platform Installed in Clair Oilfield

A consortium of oil giants has reached another milestone in the development of a major North Sea field. BP and co-venturers ConocoPhillips, Chevron and Shell said they had safely installed the first topside modules for the new Clair Ridge platform.
They include living quarters and a utilities section. Clair Ridge is a £4.5 billion investment in the second phase of development on the Clair field, which lies 75 km to the west of the Shetland Islands, BBC reported.
It will comprise two new bridge-linked platforms and new pipeline infrastructure to connect storage and redelivery facilities on Shetland.
In the latest stage of development, the modules were lifted onto pre-installed jackets by the Heerema Thialf heavy lift vessel. Together the sections weigh more than 16,000 tons.
The next major milestone will be installing the production and drilling platform topside modules, scheduled for summer 2016.Production is expected to start in late 2017.
The development is forecast to produce about 640 million barrels of oil over 40 years. Peak production is expected to reach up to 120,000 barrels per day.

Short URL : http://goo.gl/HsDjbO

You can also read ...

Iran Discovers New Shale Deposits in Sea of Oman
Iran's Research Institute of Petroleum Industry has discovered...
Aramco Trading currently trades 3.6 million barrels per day of crude and refined products.
Aramco Trading, the commercial arm of oil giant Saudi Aramco,...
Iran Oil Exports to India Hit Record
India purchased about 700,000 barrels of crude oil from Iran...
Iran's current natural gas output stands at 230 billion cubic meters per annum.
The state-run National Iranian Gas Company is determined to...
US crude inventories rose by 1.1 million barrels in the week to April 20 to reach 429.1 million.
Oil prices on Wednesday fell back from more than three-year...
German Ambassador Klor-Berchtold (L) meets Energy Minster Reza Ardakanian in Tehran on April 24.
Germany is ready to develop energy ties with Iran by focusing...
Nationwide Euro-4 Diesel Distribution in June
The distribution of Euro-4 diesel will commence in June...

Trending

Googleplus