Energy service firm TechnipFMC has clinched a contract with Ithaca Energy for the Captain enhanced oil recovery (EOR) project in the UK North Sea.
TechnipFMC will design, manufacture, deliver and install subsea equipment including a rigid riser caisson, water injection flexible flowline, umbilicals and associated equipment.
The company did not provide a specific contract value, but said it was worth somewhere between $75-250 million.
Jonathan Landes, President Subsea at TechnipFMC, stated: “We are delighted to support Ithaca Energy on this important EOR expansion of the Captain field, utilising our innovative design and installation technologies and solutions to unlock and maximise the recovery of hydrocarbons from the UK Continental Shelf.
“We look forward to helping Ithaca improve project economics, enhance performance and reduce emissions.”
The Captain field lies 90 miles north-east of Aberdeen, in the Outer Moray Firth area of the UK North Sea, in water depths of 346 feet.
Ithaca, owned by Delek Group, of Israel, made a final investment decision on phase two of Captain EOR, the first phase having been undertaken by the field’s former owner, Chevron.
EOR involves adding polymers to water to make it thicker and – once introduced to the reservoir — more effective at sweeping oil towards production wells.
As part of a £400m investment, Ithaca and partner Dana Petroleum will drill six new injection wells and four production wells and install 22 miles of pipelines and umbilicals.
Associated platform modifications will start this year, with subsea work and drilling taking place in 2022-23.
First oil is expected in early 2023, before reaching a peak in 2026, at which point about half of production from the field will be driven by the EOR project.