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02/08/2016

Lloyd's Register Secures UKCS Contracts

Lloyd's Register has secured two contracts to carry out field support engineering services for the Oil and Gas Authority (OGA) in the UK Continental Shelf (UKCS).

A further two contracts have been awarded to the British Geological Survey (BGS) and oilfield services company Schlumberger. The four three-year contracts are worth more than £6 million.

The UKCS is a region of waters surrounding the UK and principally refers to the North Sea.

Lloyd's Register will provide regional exploration maps and regional/field support engineering services, while Schlumberger will carry out subsurface studies and reservoir evaluation services.

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BGS is to provide geoscience project services that aid the identification, definition and quantification of leads and prospects, as well as providing input data to the calculation of undiscovered resource volumes.

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."

(LM/CD)

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