The project is currently in approval stage and is expected to start commercial production in 2027. Final investment decision (FID) of the project will be approved in 2024. The Marigold conventional oil development will involve the drilling of approximately three wells and includes subsea manifold and subsea trees.

Field participation details

The field is owned by Aban Offshore and Hibiscus Petroleum.

Production from Marigold

Production from the Marigold conventional oil development project is expected to begin in 2027 and is forecast to peak in 2027, Based on economic assumptions, the production will continue until the field reaches its economic limit in 2045.

Contractors involved in the Marigold conventional oil field

Some of the key contractors involved in the Marigold project as follows.

Design/FEED Engineering: Worley

Other Contractors: Repsol, Petrofac, TechnipFMC, Technip Energies and Prism Energy

For more details on the Marigold Conventional Oil Field, buy the profile here.

This content was updated on 21 July 2023

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