Netherlands-based SBM Offshore has secured a contract to work with Noble Energy in the US Gulf of Mexico (GoM) at the Big Bend and Dantzler fields.

SBM signed a $400m production handling agreement (PHA) with Noble Energy to produce the two fields to the Thunder Hawk DeepDraft Semi located in 6,060ft of water in the GoM.

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"SBM Offshore is pleased that the Thunder Hawk platform allowed for a cost effective development solution for Noble Energy and its partners."

The Big Bend and Dantzler fields are expected to produce their first oil in late 2015 and the first-quarter of 2016 respectively.

Both fields will use a maximum of 85% of the total daily asset capacity at the initial levels.

SBM Offshore CEO Bruno Chabas said: "SBM Offshore is pleased that the Thunder Hawk platform allowed for a cost effective development solution for Noble Energy and its partners.

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"The deepwater semi solution offers numerous advantages for subsea developments including reduced development capital, lower operating costs and an accelerated development schedule."

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The Big Bend field is 18 miles from the Thunder Hawk platform in 7,200ft of water in Mississippi Canyon Block 698.

Noble Energy operates a 54% working interest in the field and W&T Energy VI, Red Willow Offshore and Houston Energy Deepwater Ventures V hold 20%, 15.4% and 10.6% stakes respectively.

The Dantzler field is seven miles from the Thunder Hawk platform in 6,580ft of water in Mississippi Canyon Block 782.

Noble Energy operates the field with a 45% working stake while Ridgewood Energy and W&T Energy VI own 35% and 20% interests respectively.

The Big Bend and Dantzler fields will be developed through a dual pipe-in-pipe loop system.

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