YME Beta Nord project is awarded by Baker Hughes to Agility Subsea Fabrication
Agility Subsea Fabrication is proud to announce that a contract for fabrication of subsea structures for the YME Beta Nord project is awarded by Baker Hughes to Agility Subsea Fabrication. The end client and operator on the field is Repsol. With this contract, Agility Subsea Fabrication and Baker Hughes have reinforced a relation with great potential for further future collaboration.
The work will be performed at Agility Subsea Fabrication’s facilities in Skien and Tønsberg in addition to multiple subcontractors throughout Europe. Last delivery will find place mid 2021.
The YME field comprises of two separate main structures, Gamma and Beta, which are 12 km apart. The field was discovered in 1987, with production started in 1996, but ceased in 2001, because the operation of the field was no longer regarded as profitable by Statoil (Equinor).
YME was the first field on the NCS be be considered for redevelopment after being shut down, and first oil is expected Q3 of 2020.
Repsol (55% stake) is now the operator of the Yme field, with Lotos(20%), Kufpec (15%), and OKEA (10%) as license partners.