OGA awards £6m of surface and subsurface study contracts
Thursday, Aug 04, 2016
The Oil and Gas Authority (OGA) has awarded four contracts with a combined value of more than £6m over three years for surface and subsurface studies to improve understanding and maximise value by integrating exploration, development, production, late-life planning and decommissioning in the UK Continental Shelf (UKCS).
Lloyd’s Register, British Geological Survey (BGS) and Schlumberger are the successful recipients of the contracts, all of which have a three-year term.
Gunther Newcombe, OGA Exploration, Production and Decommissioning Director, said: “In order to fulfil OGA’s goal to maximise economic value of the UKCS, it is vital we can independently assess remaining undiscovered resources and improve our geotechnical understanding.
“In addition, OGA is seeking to drive regional development and protect critical infrastructure while promoting the best application of new technologies. The award of these contracts provides a valuable, additional technical resource to the OGA’s Exploration, Production and Decommissioning team.”
Lloyd’s Register has been awarded two of the four contracts to provide regional exploration maps and regional and field support engineering services to the OGA.
BGS will provide geoscience project services that aid the identification, definition and quantification of leads and prospects and provide input data to the calculation of undiscovered resource volumes.
Schlumberger will provide OGA with subsurface studies and reservoir evaluation services.
For more information, please visit : https://www.gov.uk