Shell Reaches FID for Pierce Upgrade

Thursday, October 3, 2019
Haewene Brim (Photo: Bluewater)

Operator Shell and its partner Ithaca Energy have taken final investment decision (FID) to upgrade the Pierce oilfield in the UK North Sea so that it can produce natural gas, Shell said on Thursday.

The depressurization project involves modifying the existing floating production, support and offloading vessel (FPSO) Haewene Brim, which is owned and operated by Bluewater, and installing a subsea gas export line from the FPSO to the SEGAL pipeline.

It also involves drilling new wells in the field, which now produces oil and reinjects gas into the reservoir.

The development work has Oil & Gas Authority approval and will take place between 2020 and 2021, Shell said. Upon completion, the Pierce field is expected to produce more than 30,000 barrels of oil equivalent per day at peak production.

"This important development of the Pierce field will allow us to unlock additional gas reserves for the UK," said Steve Phimister, head of Shell's North Sea.

Pierce is Shell's eighth final investment decision (FID) in the UK continental shelf since the start of 2018, Phimister added.

It is a joint venture between Shell, which holds a 92.52% stake and Ithaca Energy, which is held by Israel's Delek Group, with a 7.48% stake.

The Pierce field lies around 265 kilometers east of Aberdeen in Blocks 23/22a and 23/27.

Categories: Engineering Subsea FPSO Europe Production Floating Production

Related Stories

Shearwater Lands 4D Survey at Equinor’s Norwegian Sea Field

Shearwater Lands 4D Survey at Equinor’s Norwegian Sea Field

Decom Engineering Launches Ultra-Light Chopsaw for Subsea Ops

Decom Engineering Launches Ultra-Light Chopsaw for Subsea Ops

Subsea7 Nets ‘Substantial’ Contract off Norway

Subsea7 Nets ‘Substantial’ Contract off Norway

Current News

Seequent Receives Award at Global Offshore Wind 2025, Hosts Upcoming Webinar

Libya Blocks Greek Tender for Hydrocarbon Exploration Off Crete

Russia Looks to Myanmar Offshore Oil and Gas Prospects

TotalEnergies’ Offshore Platform Workers in UK Secure Better Conditions

Subscribe for OE Digital E‑News

Offshore Engineer Magazine