Aquaterra Energy along with its local partner Maerlin Nigeria has received a double platform contract from FIRST Exploration and Petroleum Development Company (FIRST E&P).
The contract has been awarded to design, engineer and install two non-identical Sea Swift conductor-supported offshore platforms in the Niger Delta Basin.
The state-owned Nigerian National Petroleum Corporation (NNPC) is a joint venture partner in the offshore Nigerian fields Anyala and Madu for which the platforms are being procured through current contract.
The Anyala and Madu field project scope is expected to develop approximately 185 million barrels of oil and 637 billion cubic feet of gas reserves.
Aquaterra Energy will be responsible for the management of the end-to-end project scope with engineering and onsite fabrication support being performed in Nigeria.
The work includes structural design, topsides engineering, equipment selection, procurement, fabrication management and logistics.
The new platforms are to be installed in water at depths ranging from 35 to 55m. The initial output of oil could be expected by late 2019, said the company.
Aquaterra Energy technical director Stewart Maxwell said: “To meet FIRST E&P’s goal of reaching first oil in 2019, a modern approach to platform development is required, and a partner with the technical expertise to develop a cost-effective, comprehensive solution that could be designed, engineered and delivered rapidly.
“With six Sea Swift platforms operational globally, including four offshore Africa, our team has the breadth of experience and technical know-how to solve client challenges like these in a safe, cost-effective and timely manner.”
Aquaterra Energy sad that its Sea Swift offshore platform combines an offshore platform with the rig-run advantages of a subsea development. This offers operators a flexible option to reduce their build and installation costs, and reduce time to first oil in shallow water applications.