BP and its partners have awarded contracts worth over GBP 1B to UK-based companies for services and equipment for the major re-development of the Schiehallion and Loyal oil fields to the west of Shetland.
The latest contract worth GBP 65M was awarded to OneSubsea for the manufacture of subsea trees at the company’s facility in Leeds. This follows awards during 2012 and 2013 to companies based in Aberdeen, Fife, the Wirral, Newcastle, Leicester, Bristol, Shetland and many other UK locations.
OneSubsea will manufacture 11 “Xmas Trees” for the Schiehallion re-development. Fixed to the wellhead of a completed well, subsea trees are used on offshore oil and gas fields to monitor and control the production of a subsea well; they can also manage fluids or gas injected into the well.
Trevor Garlick, BP’s regional president for the North Sea, said, “The UK-based subsea engineering industry offers great eExpertise and capability, and is fully engaged in developing highly-advanced equipment that will ensure we maximise recovery from this field until 2035 and beyond.”