Offshore staff
SYDNEY, Australia -- A $200-million contract for Kupe Gas Project, New Zealand, development was signed by Origin Eneregy Resources (Kupe) Ltd. as operator with Technip.
According to plans, offshore platform installation is expected to start in March 2007 and construction of the production station in September 2007, with the final development on-line no later than the first half of the 2009.
The contract with Technip covers:
• An unmanned wellhead platform with capacity for six wells plus future satellites
• A 12-in, multiphase pipeline to shore and umbilical from the platform to shore
• A horizontal, directionally drilled shore crossing
• Onshore processing facilities to meet planned production of 70TJ/day
• An export pipeline for sales quality natural gas
• Loading bays for LPG and condensate.
The NZ$980 million Kupe Gas Project was granted final approval to proceed by the joint venture parties in June 2006. Participants are: Origin Energy Resources (Kupe) Ltd., 50% (operator); Genesis Energy, 31%; New Zealand Oil & Gas Ltd., 15%; and Mitsui E&P New Zealand Ltd., 4%.
9/8/06
