Ithaca Energy (UK) Ltd. has let an engineering, procurement, construction, and installation (EPCI) contract to TechnipFMC for the Captain enhanced oil recovery (EOR) project in the UK North Sea.
Ithaca Energy sanctioned the Captain field EOR Stage 2 project after receiving field development plan addendum consent from the Oil and Gas Authority (OGJ Online, Apr. 8, 2021).
TechnipFMC will design, manufacture, deliver, and install subsea equipment including a rigid riser caisson, water injection flexible flowline, umbilicals, and associated equipment.
Captain field, in Block 13/22a, lies about 145 km northeast of Aberdeen in the outer Moray Firth in water depths of 105.5 m.
TechnipFMC has valued the contract at $75-250 million.
Captain is operated by Ithaca Energy with 85% interest. Dana Petroleum (E&P) Ltd. holds the remaining 15%.