Bergen Group to upgrade 3 Transocean offshore drilling rigs

Bergen Group to upgrade 3 Transocean offshore drilling rigs

Bergen Group has through its subsidiary Bergen Group Hanøytangen AS received a Letter of Intent (LOI) from Transocean Offshore (North Sea) Ltd NUF (Transocean) for upgrading of 3 rigs. The LOI also includes an option for modification work on a further unit. Full text

Roxar confirm Cameron as customer of subsea multiphase meters

2008.06.30 - Contracts

Stavanger, Norway, 27 June 2008. Roxar ASA (Oslo Børs: ROX) announced today that its US$8 million (40 million NOK) North American contract announced to the Oslo Stock Exchange in early May will be with Cameron International Corp for the roll-out of monitoring and measurement solutions on Husky Energy’s North Amethyst Project. Husky Energy Inc is one of Canada's largest energy companies. The contract with Cameron will be to supply the Roxar subsea Multiphase meter, the Roxar subsea SenCorr PT pressure and temperature sensors system, and the Roxar subsea SenCorr SEPT combined sand erosion and pressure & temperature sensors system to the North Amethyst development. In April 2008, Cameron announced a US$235 million contract to provide subsea equipment and related services for the project.

Through the continuous measurement of the amount of sand, oil, condensate, gas and water at the wellheads, and vital downhole pressure and temperature monitoring data, Husky Energy will be able to determine the optimal production capacity of each well, increase flow assurance from the fields, and optimize the production process.

The Roxar subsea Multiphase meter also comes with a subsea retrievable canister, which houses the meter’s electronics and flow computing modules. Benefits to Husky include low and cost effective maintenance with limited subsea intervention requirements, high flow measurement availability, easy installation, and a simplified subsea structure design.

A total of 18 wells have been drilled as part of the North Amethyst Project. Reservoir pressure maintenance is via water injection and fluids are carried between the reservoir and the floating production, storage and offloading (FPSO) vessel through more than 41 kilometers of flexible flowlines, umbilicals and risers. A number of satellite fields with subsea tiebacks are also being planned.

Said Roxar CEO, Gunnar Hviding:

“In subsea operations, information from continuous measurements is a critical input to any operator who aims to extract the maximum value from their fields and, at the same time, wishes to have the best regularity in production. Roxar today supplies the world’s broadest product portfolio for measuring the performance from a producing well and reservoir. The data from the Roxar sensors allow an operator to manage their wells and reservoirs so that they can maximize production and the regularity of production over the lifetime of the field”.

“Roxar is honored to have been selected by Cameron for Husky Energy’s North
Amethyst Project - confirmation that our broad portfolio of products holds the highest industry standards for demanding reservoir applications.”

The Roxar subsea SenCorr sensors are approved for ultra-deepwater installations of up to 15,000 psi (pound per square inch) and can interface with all major subsea electronic modules.

The Roxar subsea SenCorr SE sensor measures sand erosion in real-time with a high accuracy. Operating on the ER (Electric Resistance) principle, four independent sensing elements measure increased element resistance as they are exposed to sand erosion. SenCorr SE sensors require no calibration and are unaffected by flow and mechanical noise. The Roxar subsea SenCorr PT sensor also combines the proven technology of CorrOcean’s subsea probes with an accurate and robust pressure & temperature sensor.

The Roxar subsea Multiphase meter provides accurate and continuous on-line monitoring of the flow rates of oil, water and gas in subsea well streams. Weighing only 1,500 pounds, the meter provides critical real-time information on wells’ capabilities during production, including information relating to water saturation, possible water breakthrough, gas coning and flow characteristics. The meter is more accurate than separation-based systems because it is independent of separation efficiency and insensitive to slugs, foam, carry-overs and emulsions.

Located on the eastern rim of the North American continental shelf, the North Amethyst Project is on the eastern margin of the Jeanne d'Arc Basin, approximately 350 kilometres east of St. John's in Newfoundland, and is being developed with a FPSO vessel.

The field is a core asset for Husky with first oil produced in November 2005. In 2007, production was approximately 42.8 million barrels. Focusing on the South Avalon oil pool, the initial North Amethyst Project development is located in water depths of 120 meters and is expected to deliver approximately 200-250 million barrels of recoverable oil.

Houston-based Cameron is a provider of flow equipment products, systems and services to worldwide oil, gas and process industries.




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