• 2019 September 14 13:39

    Crondall Energy partners with Pharis Energy on innovative Pilot Field development

    Crondall Energy, the floating production and subsea engineering specialist, announced it has been awarded a contract by Pharis Energy to deliver the Concept Select study for the operator’s heavy oil Pilot Field development in the Central North Sea.

    Pharis Energy hopes to become the first operator in the world to use steam flooding in a major offshore project - one of the concepts to be explored as part of Crondall Energy’s Concept Study.

    The study will cover a range of development approaches for the Pilot field and includes the facilities, marine and subsea scope of work. Crondall Energy’s engineers will develop and assess facilities and subsea configurations as well as various oil separation and artificial lift technologies to determine an optimum solution for the development.

    Crondall Energy’s Group Managing Director, Duncan Peace, said: “We are very pleased to continue our work with Pharis Energy on this exciting project and we welcome the confidence shown in our engineering teams to develop a commercially viable concept for the project. The breadth and complexity of this development play to the strengths of our multidisciplinary team and we look forward to progressing the study.”

    The Pilot field is located in block 21/27a of the UK central North Sea and is estimated to contain 230 MMbbls of proven plus probable oil-in-place, of which around 60 MMbbls will be recoverable in a waterflood scenario whilst 113 MMbbls could be expected to be recovered in a steam flood.

    Stephen Brown, Pharis Energy’s CEO, added: “We are delighted to be progressing the Pilot project and continuing our good working relationship with the folk at Crondall Energy. The Crondall Energy team not only know the theory of how to go about developing offshore oil fields but also really understand the practicalities of weaving the development concept together with the team of engineers, contractors, rig and vessel owners, consultants and suppliers, into a financeable project.”

    Crondall Energy previously supported the project by reviewing the CAPEX for the development.

    Pharis Energy holds a 100% interest in the field which was first discovered by Fina in 1989. It has since been appraised with seven reservoir penetrations, including a horizontal well test that flowed more than 1,800 b/d from a short horizontal well.




2020 August 14

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18:15 Boston Ship Repair secures Navy's $16,5M contract for T-AO 193
18:05 RS introduces Guidelines on Fatigue Assessment of Ships
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17:03 Diamond S Shipping Inc. reports 2Q 2020 results
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16:40 H1’2020 throughput of Taganrog Sea Commercial Port is flat Y-o-Y
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15:35 Aker Carbon Capture AS and Aker Offshore Wind Holding AS – contemplated private placement and listing on Merkur Market
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14:49 Port of LA to work with California manufacturers and technology association under new agreement
14:22 Transshipment of Angara launchpad components underway at Sovetskaya Gavan port
13:46 NCSP joins national project to improve workforce productivity
13:24 First of six new US Navy tugboats features integrated Furuno Marine Electronics
13:01 Port of Cardiff signs new long-term lease with Stone Supplies Ltd.
12:38 Rosneft reports H1 net loss of RUB 113 billion
12:10 Okskaya Shipyard lays down fifth multipurpose dry cargo carrier of Project RSD59 for Astrol
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11:29 Port of LA July volumes are strongest of 2020
10:53 First part of permanent layoff negotiations at Turku shipyard are ready
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09:07 Baltic Dry Index as of August 13

2020 August 13

20:58 Rosmorrechflot promotes Stanislav Uryupin to Port of Novorossiysk Harbourmaster
18:31 Glavgosexpertiza gives nod to Sovetskaya Gavan LPG terminal project
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17:36 HMM Rotterdam en route to Rotterdam
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17:06 The operational situation in the port of Beirut is back to normal
16:48 TCSP Group half-year throughput grows 11.4%
16:31 Kalmar service expertise to enhance safety, performance and productivity on WWO’s American routes from Manzanillo International Terminal in Panama
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15:26 Minister for Regional Growth and Local Government opens multi million pound bulks terminal at Teesport
15:21 St. Petersburg set to create infrastructure for all-electric passenger vessels
14:39 First supply of bunker fuel by Gazpromneft Marine Bunker to the brand new cruise ship Mustai Karim
13:52 MABUX releases weekly review of global bunker market
13:21 VIKING delivers first of ambulance boat trio for Hellenic Coastguard
12:32 Grain exports via Krasnodar Krai based seaports in Jan-Jul jump 32%
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11:33 MacGregor receives EUR 18 million RoRo orders from Japan
10:52 Australia authorities issue fumigation requirements for the 2020/2021 high risk season
10:17 Sea Port of St. Petersburg half-year cargo volume rose 3%
10:14 MABUX: Bunker market this morning, Aug 13
09:52 Crude futures prices retreat
09:32 Baltic Dry Index as of Aug 12
08:26 ME-GI engine sails through sea trials

2020 August 12

18:57 Risavika LNG index for September up by 8.9 % week on week
18:27 Andreas Rieckhof new Chairman of Hamburg Messe und Congress GmbH Supervisory Board
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18:07 Sri Lanka Ports Authority assures safe handling of dangerous cargo under UN regulations
17:47 Rosmorport’s Azov-Black Sea branch adds TSHD Sommers to its fleet
17:43 Boluda Towage Europe takes on two new tugs from Damen Shipyards Group
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15:44 MoD eyes placing more orders for the Steregushchiy class corvettes with Amur Shipyard
15:17 Joint R&D Starts for Use of Ammonia in Marine Transportation to Reduce GHG Emissions
14:47 CMA CGM announces PSS from Asia to North Europe