Aquaterra Energy, the offshore engineering solutions provider, has been awarded a four-year frame agreement with DONG Energy to provide drilling installation support services for its Hejre development. DONG Energy is one of the leading energy groups in Northern Europe. Headquartered in Denmark and partly owned by the Danish government, it generated GBP 8.1B in revenues in 2013.
The four-year agreement includes the complete Aquaterra Energy product and service range, with an initial order for centralisers, cement top-up systems and cutting and tensioning equipment to the value of GBP 500,000.
The Hejre oil and gas field is located in central North Sea, 300km from the Danish coastline, in license block 5/98. The development includes a manned wellhead and processing platform, and five HTHP production wells, all at a water depth of 70m. Together, DONG Energy, which owns a 60% interest in the Hejre field, and its partner Bayerngas Norge, which holds the remaining 40% stake, will be investing more than GBP 1.3B in the development. The field, which is expected to come online in 2016, will considerably increase reliability of the oil and gas supply to Denmark.