Navitas, Rockhopper announce FID on offshore Sea Lion development
- An FPSO charter agreement (and associated EPC and operations and maintenance contracts);
- A drilling rig contract;
- A framework agreement for the supply of drilling and completion services; and
- An agreement for the EPCIC of subsea umbilicals, risers and flowlines.
In May 2010, Rockhopper (as then-operator) drilled its first exploration well on the Sea Lion prospect, which resulted in an oil discovery. The well was successfully flow tested in September 2010.
Rockhopper CEO Sam Moody added, “The sanctioning of Sea Lion is a major milestone for Rockhopper and all its stakeholders, and represents the culmination of over 20 years of work. When we first discovered Sea Lion in 2010, it was a hugely exciting play-opening well, and the vast amount of work undertaken since then, first in the ensuing drilling campaigns and then the many years of engineering and commercial refinement, is now moving towards its ultimate fruition as we move into the development phase."
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