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Reef Subsea wins Statoil contract for Grane field permanent reservoir monitoring system

STAVANGER -- Reef Subsea has announced a major contract by Statoil for the seismic monitoring system installation in the Grane field offshore Norway. The contract, worth over over $22 million, will see all capabilities of the Reef Subsea Group called on Subsea construction, Trenching and Dredging & Excavation. The duration of the project will run over 2013 and 2014, with engineering work commencing immediately.

The scope of work includes all activities necessary for the installation of the Permanent Reservoir Monitoring (PRM) system for the Grane field. This comprises the project management for the entire project including: engineering, logistics and material supply, mobilisation or demobilisation, and the installation of an umbilical riser, sensor array terminators, sensor array cables and sensor array terminator lead-in cables and associated protection structures.

There are almost 200 km of seismic cables to be installed and buried and the System will have a receiver area of approximately 50 sq km when completed in a water depth of around 130 m. The purpose of the project is to facilitate Increased Oil Recovery (IOR) for the Grane field, located 185 km of Haugesund. Grane is the first field on the Norwegian continental shelf to produce heavy crude oil.

The installation campaign shall take place in 2014 and will utilise several subsea construction vessels and equipment from the all the Reef Subsea companies: the Polar Prince, the Reef Larissa, the new heavy HD3 Plough and Dredging systems. The total offshore duration of the project is expected to be around 100 days and all works shall be managed from Reef Subsea’s offices in Bergen with engineering commencing in December 2012.

 

12/17/2012

 

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