Malaysia-based worldwide offshore power amenities and providers supplier Bumi Armada Berhad introduced that its Armada Kraken Floating Production Storage and Offloading (FPSO) vessel has been issued with the ultimate acceptance certificates. Final Acceptance was accomplished in accordance with the necessities set out within the bareboat constitution contract dated 20 December 2013. Commenting on the Final Acceptance of the Armada Kraken FPSO, Mr. Leon Harland, Executive Director and Chief Executive Officer of Bumi Armada mentioned, “Final Acceptance is the milestone that the offshore and onshore groups have all been working exhausting for and so they have executed so with a significant give attention to safeguarding our folks and the setting, in addition to guaranteeing most manufacturing and uptime for this complicated heavy oil mission. We can gladly state that the Final Acceptance has now been achieved in accordance with the Bareboat Charter, and we did so with none main security incident. I want to thank everybody who has contributed to the Armada Kraken FPSO mission. It has been a united effort and the place lots of our folks, together with these in help roles, have persevered to finish the Final Acceptance of the unit. A particular word of due to our initiatives and operations groups which have been working offshore in a troublesome operational setting while sustaining a constant excessive give attention to the protection of actions. Finally, I want to thank our shoppers, EnQuest and Cairn for his or her help. I might additionally like so as to add that Final Acceptance is merely a milestone and that we proceed to be absolutely dedicated to bettering and delivering the excessive security and dependable efficiency that Bumi Armada is thought for on its fleet operations”
Bumi Armada Berhad is a Malaysia-based worldwide offshore power amenities and providers supplier with a presence in over 17 nations unfold throughout 5 continents, underpinned by its entry to over 2,000 folks from over 35 nationalities.
Kraken is among the greatest subsea heavy-oil area initiatives within the UK sector of the North Sea. The area lies at a water depth of 120m in blocks 9/2b and 9/2c throughout the P1575 licence within the East Shetland basin, which is positioned 125km away from Noss. EnQuest Heather is the operator and owns a 60% curiosity within the asset. The remaining stake is co-owned by Cairn Energy (25%) and First Oil (15%).
The Kraken area is estimated to carry reserves of 137 million barrels of heavy oil, with an anticipated area lifetime of 25 years. At its peak, it’s anticipated to provide greater than 50,000 barrels per day (bpd).
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