Finalised agreement

Amplus Energy Services has agreed a new venture with Technip to develop marginal fields in the North Sea. With much of the remaining reserves inaccessible using existing infrastructure, the two firms have joined forces using their individual expertise to provide an integrated and fit for purpose solution for challenging field developments.

There is an estimated 24 billion barrels of oil equivalent (boe) still to be developed and produced in the UKCS and Sir Ian Wood’s report last year outlined a requirement for collaboration to maximise recovery of the country’s oil and gas resources.

The collaboration between Technip in the UK and Amplus is in line with the recommendations of the report and will help streamline costs, allowing companies to safely tap into more challenging reserves.

Technip in the UK will bring its extensive project management, engineering and market leading products to the relationship, developing cost efficient subsea infrastructure, while Amplus has developed an innovative dynamically positioned (DP) versatile production unit (VPU).

The Amplus VPU utilises proven FSPO (floating, production, storage and offloading) and DP vessel technology. The vessel has been specifically designed to meet the rigorous safety and environmental conditions of the North Sea and is also suitable for projects in other areas of the world such as West Africa, Gulf of Mexico, Brazil and South East Asia.