Justin Fletcher, DNV GL’s Project Manager for the mega project says, "DNV GL has been supporting Shell with this project since 2015, and it is very exciting to finally reach the execution phase. I'm looking forward to delivering this flagship project with our international team".
The Penguins field is in 165 m (541 ft) of water, approximately 150 miles north east of the Shetland Islands. Discovered in 1974, the field was first developed in 2002 and is a joint venture between Shell (50% and operator) and ExxonMobil (50%).
Hari Vamadevan, Regional Manager, DNV GL - Oil & Gas says “ We are starting to see an increase in activity in the North Sea. It is good news. This contract award from Shell brings with it a renewed optimism in the UK Continental Shelf.”
The project is several months into detailed design, and DNV GL is fully engaged with design approval and with the initial phases of steel cutting. The FPSO is scheduled to leave the yard, COOEC (Qingdao, China) in Q1 2021.
