Uchenna Izundu
International Editor
LONDON, Jan. 22 -- Silverstone Energy Ltd. granted a £9 million contract to Acergy SA to install the flowline, control umbilical, and other subsea infrastructure in Victoria gas field in the southern North Sea. Production is due to start by yearend.
Acergy will tie the field back to the Viking BD platform via Vixen infrastructure operated by ConocoPhillips.
Reserves to be recovered under Phase 1 are estimated at 36 bcf of gas. The field will be developed through reentry of the discovery well on Block 49/17. The Victoria facilities have been set up to enable rapid development of the additional fault blocks that make up the Victoria and Viking B extension, subject to performance of Phase 1, Silverstone said.
Silverstone will export gas over 130 km through the Viking transportation system subsea pipeline to the Theddlethorpe gas terminal onshore in Lincolnshire.
At least another four exploration wells are scheduled over the next 12 months.
Silverstone was founded 3 years ago. Operator of the project with a 50% stake, it will work with partners BP PLC and ConocoPhillips.
Contact Uchenna Izundu at [email protected].
