Siccar Point Energy is moving forward with plans to develop the Cambo field, 125km northwest of Shetland in the UK North Sea.
The development concept will be focused on a two-phase approach, according to Baker Hughes, a GE Company, which has today said it has agreed an exclusive supplier deal with Siccar Point.
Phase 1 will be an early production system (EPS), followed by a Phase 2 full-field development. The initial plan is to drill an appraisal well into the main reservoir sequence and perform an extended well test, which will take place in 2018 and provide key information for the facility design.
BHGE will be exclusive supplier to support the appraisal and early production phases of the project, with the ability to extend into the full field development.
Siccar Point acquired the field with the takeover of the OMV (UK) portfolio in January 2017. Cambo was discovered in 2002 and has five wells drilled into the structure so far.
A further appraisal well is due to be drilled on the field in April next year. Siccar has a contract with North Atlantic Drilling for the well, using the semisubmersible West Hercules (pictured).
BHGE says its agreement with Siccar Point is based on a collaborate model which aims to reshape traditional, transactional relationships between suppliers and operators in favour of a long-term partnership that minimizes tendering costs, improves execution efficiency and risk mitigation, and incentivises performance through the creation of shared project objectives.
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