DNV GL has secured a combined engineering services agreement with Chrysaor to deliver a unique range of services to the company in support of its North Sea operations.
Chrysaor recently completed the acquisition of a package of assets in the UK North Sea from Shell for US$3 billion. The transaction sees Chrysaor become a leading independent E&P company in the UK with more than 400 staff.
Jack Downie, Head of Offshore Services DNV GL commented: “We anticipate that through our traditional and digital initiatives we can bring efficiency savings and support Chrysaor in their technical and safety processes.”
Chrysaor now holds stakes in 10 fields and blocks, including the BP-operated Schiehallion.
These are Shell’s interests in Buzzard (21.7%), Beryl (39.4%), Bressay (18.4%), Elgin-Franklin (14.1%), J-Area (30.5%), the Greater Armada cluster excluding Gaulpe (76.4%), Everest (100%), Lomond (100%) and Erskine (32%), plus a 10% stake in Schiehallion. Chrysaor has assumed operatorship of Armada, Everest and Lomond, while Shell retains a 44.9% stake in Schiehallion.
