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Kraken FPSO completes first oil offload in North Sea, fastest in decade

© EnQuestEnQuest Bentley

The vessel on EnQuest’s Kraken field in the North Sea has made its first oil cargo delivery in what is thought to be fastest operation of its kind in the past decade.

Malaysia-based Bumi Armada − which owns the Armada Kraken floating production, storage and offloading (FPSO) vessel – said the task was completed on Tuesday.

The FPSO arrived at the Kraken field in February and achieved first oil in June.

Bumi Armada said the offload from Armada Kraken was the fastest first oil delivery from an FPSO in the North Sea in the last 10 years.

The Kraken development is the “cornerstone” of North Sea operator Enquest’s production portfolio. It’s one of the largest projects in the UK North Sea. Kraken has an anticipated production life of up to 25 years.

The large heavy oil accumulation in the UK North Sea is located in the East Shetland basin, to the west of the North Viking Graben and approximately 125 km east of the Shetland Islands.

EnQuest owns a 70.% stake in the field. Cairn owns the remaining 29.5% interest.

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