Proserv secures multi-million Repsol contract
Energy services firm extends its activities in the North Sea with latest contract win at Yme oilfield.
Energy services company Proserv has secured a multi-million dollar contract with Repsol to upgrade and build new subsea production control equipment for the Yme field redevelopment in the Norwegian North Sea.
The award scope initially covers the refurbishment and upgrade of the existing subsea control system.
The entire subsea control system will be upgraded to provide improved functionality including high speed data management and transmission capability with sufficient capacity for future field expansion or increased data capture.
Henrik Johnson, region president for Scandinavia at Proserv, said: “This is a significant award win for the team that clearly demonstrates the strength of our relationship with Repsol and our ability to deliver robust technology solutions and services on time and to the very highest standards.
“We are starting to see strong uptake for our Augmented Control Technologies (ACT) approach which helps clients optimise their subsea production in a more cost-effective way. Working in close cooperation with our clients enables us to use the most appropriate technology together with our dedicated engineering and service teams to optimise the performance of a producing asset over its entire life.”
As part of the work scope, Proserv will engineer, manufacture and supply all associated topside and subsea equipment. The refurbishment and servicing of the subsea control modules and the manufacturing of the subsea electronics modules and master control station will be delivered by the company’s subsea controls experts in Trondheim and Stavanger, Norway.
Each control module will include Proserv’s Artemis 2G (A2G) subsea electronics modules which are designed to be compatible with existing infrastructure to avoid costly system replacements and protect against obsolescence.
The recoverable oil reserves for the field are estimated at approximately 65mn barrels at 10 years total production with first oil planned for the first half of 2020.
This latest award builds on the success of the subsea controls brownfield upgrade project completed by Proserv for Statoil’s Visund Field.
The project will be delivered over a two year period in line with key project milestones.