The UK Oil & Gas Authority (OGA) has permitted IOG’s area improvement plan for the Core Project Phase 1 situated within the UK North Sea.
IOG mentioned on Friday that full contract awards are anticipated shortly for key Phase 1 workstreams, together with platform fabrication, pipelay and subsea work, and effectively administration.
Project execution actions stay on monitor and at current, there isn’t a influence to schedule from the continuing trade and macroeconomic turbulence.
Andrew Hockey, CEO of IOG, commented: “Such authorities endorsement brings a great addition to the UK offshore trade and provide chain given the present setting.
“This revolutionary low-carbon mission, re-using beforehand decommissioned infrastructure to develop in any other case stranded home gasoline assets, is a definitive instance of Maximising Economic Recovery (MER), in keeping with UK authorities technique“.
He added: “As Phase 1 execution ramps up, we now have prevented any schedule influence so far from Covid-19 and are additionally concentrating on value financial savings much more proactively to assist ship our mission on time and price range”.
The Phase 1 EIA overview course of has been efficiently accomplished by the Offshore Petroleum Regulator for Environment and Decommissioning (OPRED), which is a part of the Department for Business, Enterprise and Industrial Strategy (BEIS).
Further to this, the Phase 1 FDP was permitted and all obligatory Phase 1 Fields Production Consents granted by the Oil and Gas Authority (OGA) on behalf of the UK authorities, on the afternoon of 30 April.
The obligatory Pipeline Works Authorisation functions (PWAs) and different required consent functions have been submitted for the pipelay actions deliberate for later this yr and are in progress with the related our bodies.
The suite of economic agreements regarding, amongst others, pipeline proximity and crossing, procurement, onshore refurbishment actions and terminal processing are both accomplished or being progressed with the related third events as deliberate.
Fabrication actions for the 2 Phase 1 Normally Unmanned Installation (NUI) platforms proceed to ramp up, alongside procurement of main tools gadgets and deliveries of bulk supplies.
With FDP approval in place, a full engineering, procurement, and development (EPC) contract is predicted to be signed with the platform contractor within the close to future, superseding the present restricted dedication letter.
At the platform fabrication yard, a two-shift system is in place to optimise Covid-19 restricted working situations and guarantee work progresses as deliberate. Expected platform supply dates haven’t at the moment been affected by Covid-19 regardless of pressures on the availability chain.
According to IOG, good progress continues with the key lengthy lead subsea and pipeline gadgets. The 24-inch (Southwark) and 12-inch (Blythe) line pipe have now been manufactured and delivered from Greece to the UK for storage previous to loading onto the pipelay vessels in the summertime.
With FDP approval in place, the complete EPC contract award to the primary SURF contractor can be anticipated to supersede the at the moment restricted dedication letter within the close to future.
Planning and preparation proceed for the offshore pipelay programme in 2H 2020. The PWA functions for laying the 24-inch and 12-inch extensions to the Thames Pipeline have been submitted and formally accepted for overview by the OGA.
The approval course of for such functions entails commonplace inside and public session durations, the primary of which is underway. PWA approvals are anticipated in the direction of the tip of 1H 2020, enabling the pipelay programme to proceed as deliberate thereafter.
Jack-up rig tender
IOG’s aggressive tendering course of for the jack-up rig for the five-well Phase 1 drilling programme can be progressing effectively, with a view to securing enticing phrases given present trade situations.
Preparations are additionally underway…