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AMEC has secured a front end engineering and design (FEED) contract from Premier Oil, which operates the Sea Lion Field in the North Falkland basin.

Rockhopper Exploration, which holds a 40% interest in the Sea Lion field, said the tension leg platform (TLP) FEED contract was awarded to AMEC as part of ongoing pre-development activities at the site.

A geotechnical survey is planned to be carried out at the Sea Lion location in the second half of 2014.

The results of the survey will be added into the design process, which is expected to take about 12 months to complete.

Rockhopper Exploration CEO Sam Moody said: "We are delighted that the FEED contract for the Sea Lion field has been formally awarded to a world-class engineering firm such as AMEC.

"We look forward to continuing to work closely with Premier as we move the Sea Lion project towards final investment decision."

Premier Oil acquired 60% of Rockhopper’s stakes in its North Falkland Basin licences in October 2012.

"We look forward to continuing to work closely with Premier as we move the Sea Lion project towards final investment decision."

In October 2013, Rockhopper agreed with Falkland Oil and Gas to farm-in to licences PL004a and PL004c, increasing its stake in the licences to 24%.

The company presently has a 40% interest in licences PL032 and PL033, and a 24% interest in licences PL004a, PL004b and PL004c, all of which are operated by Premier Oil.

PL004b licence features the extension to the Sea Lion Field and the Beverley, Casper and Casper South discoveries.


Image: Premier Oil operates the Sea Lion Field in the North Falkland basin. Photo: courtesy of Premier Oil.

Energy