[UK] Rosebank

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escveritas
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[UK] Rosebank

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Equinor sets new timeline for Rosebank project

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Equinor and its partners today confirmed a new timeline for the Rosebank project on the UK Continental Shelf (UKCS). Following the award of a three-year extension for the Rosebank licences by the UK Oil and Gas Authority, a final investment decision for Rosebank is planned to be taken by May 2022.
“Together with our partners, Suncor and Siccar Point, we are fully focused on bringing this much anticipated UK development to realisation," says Hedda Felin, Equinor’s senior vice president for UK and Ireland offshore.

“We believe there is more value to capture in Rosebank including the opportunity to reduce development cost. There are similarities with other recent projects in Equinor’s portfolio, such as Johan Castberg and Bay du Nord, where we have made significant improvements to the concept approach, particularly in how we design and plan new developments in harsh environments, but also through the application of digitalisation.

“We see that improvements in the concept and planning phase will also support an efficient execution of the project,” Felin continues.

The Rosebank project team has been established and technical and strategic work and studies are underway.

“Equinor is creating significant value in the UK through a broad energy portfolio. Upstream, we have the Mariner field about to start production and now Rosebank, one of the largest undeveloped fields on the UKCS. Combined with our large offshore wind portfolio and our natural gas and oil supplies, these strengthen our position as a key energy partner of the UK,” says Torgrim Reitan, executive vice president for Development and Production International in Equinor.

An extension for a period of three years has been awarded for Licences P1026, P1191 and P1272.

The Rosebank field was discovered in 2004 and lies about 130 km northwest of the Shetland Islands in water depths of approximately 1,110m.
  • Equinor holds a 40% operated interest in the Rosebank project. The other partners are Suncor Energy (40%) and Siccar Point Energy (20%).
  • Equinor is the largest supplier of crude oil to the UK and the largest supplier of natural gas. Equinor’s gas supplies meet more than 25% of UK demand, enough to heat or power 8 million British homes and businesses every year.
  • Equinor’s operated offshore wind farms (Sheringham Shoal, Dudgeon and Hywind Scotland) together supply electricity to 650,000 UK homes. Hywind Scotland is the first floating offshore wind park in the world and is partnered with Batwind, the world’s first battery for offshore wind.
  • Equinor is currently developing Mariner, one of the largest upstream investments in the UK in recent years – a gross investment of more than GBP 4.5 billion.
  • Equinor is one of the most active explorers in the UK, with 5 exploration wells in 2019.

  • Equinor, with its partner SSE, is developing the Dogger Bank offshore wind project which has the potential to provide around 10% of the UK’s total electricity needs. Once fully developed it will be one of the largest offshore wind farms in the world.
escveritas
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Re: [UK] Rosebank

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The Rosebank Project

Rosebank is located approximately 80 miles (130 kilometres) northwest of the Shetland Islands in water depths of approximately 3,600 feet (1,100 metres). The project, which is operated by Chevron, has the potential to unlock a region that holds a significant portion of the U.K.’s undeveloped oil and gas resources.

The Rosebank project is a joint venture between Chevron North Sea Limited with a 40 percent equity interest: OMV (U.K.) Limited (50 percent) and DONG E&P (UK) Limited (10 percent).

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The field lies in an area known as West of Shetland — a region geographically closer to the North Atlantic than the North Sea — located on the edge of the U.K. continental shelf. It’s a uniquely challenging deepwater environment in which to operate that is largely undeveloped, with a low level of infrastructure, but is potentially one of the last, great resource areas for the U.K. Rosebank was discovered in 2004, in Blocks 213/26 and 213/27. At the end of 2013 proved reserves had not been recognized for this project.

In July 2012, Chevron and its Rosebank joint venture participants reached an important milestone as the project entered into the Front End Engineering and Design (FEED) phase. The project will include a Floating Production, Storage and Offloading (FPSO) vessel, production and water injection wells, subsea facilities and a gas export pipeline. The Co-Venturers continue to assess alternatives for the optimum development of the Rosebank field.

In April 2013 Hyundai Heavy Industries (HHI) was awarded a staged contract for the design verification, detailed design, and full Engineering, Procurement and Construction (EPC) for the FPSO. Proceeding to the full EPC element will be dependent on Rosebank project approvals from the UK government, and Final Investment Decision (FID) approval by the Co-Venturers. In July 2013, a subsea equipment vendor contract was awarded to OneSubsea UK Limited, for the engineering, supply and manufacture of subsea manifolds, subsea trees, and subsea control systems. Equipment manufacture will take place in the U.K.

As a large resource project Rosebank has the potential to provide the U.K. with greater energy security and significant economic benefits such
as employment, government revenue and local business opportunities.

Final commitment to the Rosebank project is subject to receiving U.K. government approval, and the Rosebank Co-venturers approving FID.

Proposed Gas Pipeline Route

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The gas pipeline will run in a south-east direction from the Rosebank field for approximately 147 miles (236 kilometres), before tying into the SIRGE
pipeline in the central North Sea, which transports gas to the UK onshore St. Fergus gas terminal near Peterhead, Scotland.

Rosebank FPSO
  • Length around 295 metres
  • Beam around 57.4 metres
  • Oil cargo tanks storage capacity approximately 1.1 million barrels
Bollsta Dolphin Drilling Rig

In October 2012, a contract was awarded to Dolphin Drilling for the Bollsta Dolphin drilling rig which will carry out development drilling for Rosebank. The Bollsta Dolphin MODU will be a new, sixth generation, dynamically positioned, semi-submersible rig, specifically designed for safe and efficient drilling and completion operations in deep water, and harsh conditions.
escveritas
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Re: [UK] Rosebank

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Wood Group to design Rosebank export facilities

Chevron North Sea has contracted Wood Group Kenny to provide front-end engineering design (FEED) for the Rosebank field gas export pipeline west of Shetland.

ABERDEEN, UK – Chevron North Sea has contracted Wood Group Kenny to provide front-end engineering design (FEED) for the Rosebank field gas export pipeline west of Shetland.

Rosebank is northwest of the Total-operated Laggan-Tormore gas fields, but in a harsher environment and in much deeper water (1,100 m or 3,609 ft).

Wood Group Kenny will take on initial pre-FEED option selection studies, FEED and early procurement support for the 230-km (143-mi) pipeline, and structural designs for a deepwater pipeline end manifold (PLEM).

The pipeline will connect directly to the Shetland Islands Regional Gas Export line serving Laggan-Tormore, with the gas then heading through another new pipeline southeast to St. Fergus, north of Aberdeen.

Chevron operates Rosebank in partnership with Statoil, OMV, and DONG Exploration & Production.
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