LONDON – Britain’s North Sea Transition Authority (NSTA) has identified seven near-term offshore oil and gas developments in UK waters that could create opportunities for the supply chain.
The projects would require 30 new wells and 194 km of pipelines, along with a total of more than 5,000 vessel days and close to 2,500 rig days.
In most cases, offshore work should start this year or in 2024.
The project operators supplied the statistics to the NSTA late last year and the authority has in turn been working with the Global Underwater Hub in Aberdeen to highlight the work prospects for suppliers.
As part of the study, environmental statements for a further five near-term projects revealed the need for 17 wells, 128 km of pipelines, about 3,400 vessel days and 1,400 rig days.
According to the NSTA, UK offshore operators are facing increasing competition for equipment and skills from other oil and gas producing regions and the UK’s offshore renewables sector. Operators must therefore collaborate with suppliers and share their plans early, so resources can be available at the right time.
Among the 12 projects included in the wider study are Avalon, Cambo, Captain EOR Phase II, Jackdaw, Murlach, Rosebank, Talbot and Teal West.