ODE Asset Management has won a contract to manage pipeline and platform installations for a major UK North Sea gas project, while Oceanteam has secured a cable spread project in the Baltic
CalEnergy Resources has contracted ODE as duty holder for the offshore installations and pipelines it expects to be commissioned in the UK’s southern North Sea. This comes as the energy company, along with its partner IOG, develops the Blythe and Southwark gas fields with platforms and pipelines linked to the Bacton gas terminal.
ODE will be responsible for delivering safe, efficient and cost-effective production operations from the Phase 1 offshore development, including managing the Blythe and Southwark platforms and pipelines taking gas to the Thames Pipeline infrastructure.
This contract also includes managing the onshore control room at the Bacton gas terminal, training and crew for offshore activities, emergency response, warehousing and quayside support and all associated regulatory interfacing and compliance.
According to Oslo- and London-listed IOG, the contract has mechanisms to incentivise ODE to maximise operating efficiencies and an appropriate risk-reward formula for performance against agreed criteria.
ODE will also undertake engineering, procurement, construction and installation activities for the ongoing recommissioning of the onshore Thames reception facilities at Bacton.
IOG chief executive Andrew Hockey said gas production from these facilities will commence in Q3 2021. “ODE’s focus on safe, efficient and cost-effective operations will be integral to our low operating expenditure and low carbon-intensity production model,” he said.
Meanwhile, Oslo-listed Oceanteam has secured a contract to provide a cable transport spread for an offshore project in the German Baltic area. This contract comprises of engineering, project management and supply of a cable transport spread.
For this, Oceanteam will provide a barge, 2,000-tonne carousel, loading tower, tensioner, auxiliary equipment and cable-handling crew.
“After carrying out multiple cable transports on the Rhine for a year, Oceanteam is looking forward to utilising the cable transport spread for the project of another customer,” said Oceanteam chief executive Henk van den IJssel.
Oceanteam is an offshore cable-solutions provider with a large asset base of carousels, loading towers, tensioners and other ancillary equipment.
It supports the marine cable industry with a variety of services such as short- and long-haul cable transport, cable storage, cable logistics and cable-handling solutions from a deepwater base in Velse, the Netherlands.
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IOG is targeting growth from carbon capture and storage through its infrastructure-led hub strategy.
To enable this, IOG has signed a collaboration agreement with GeoNetZero CDT, Heriot-Watt University’s Centre for Doctoral Training, a leader in applying geoscience to the challenges of progress towards a net-zero economy.
Under this agreement, IOG will support research into carbon capture and storage and other renewable opportunities across quadrants 48, 49, 52 and 53, the location of its asset portfolio and broader Bacton catchment area in the UK southern North Sea.
IOG is considering mature gas field reservoirs as potential stores of carbon to extend the operating life of its assets in the region.
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