Statoil's major North Sea project, Mariner, will support 1,500 jobs

Courtney Goldsmith
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Statoil's Mariner field holds reserves estimated at more than 250m barrels (Source: Getty)

Around 1,500 offshore jobs will be supported by the next phase of Statoil's Mariner project in the North Sea.

The Norwegian oil major today announced new jobs are related to the hook-up and commissioning work, which is set to begin early this month ahead of production in the second half of 2018.

Once in production, 700 permanent jobs will be supported by the major new North Sea oil development.

"The Mariner development will create wider ripple effects in the supply chain for the next thirty years," said Hedda Felin, Statoil Production UK managing director.

"We are privileged to be able to contribute towards job creation and the longevity of the UKCS [UK Continental Shelf]. Mariner demonstrates that this industry has a positive and exciting future ahead."

Read more: Low oil prices and an impairment charge drag on Statoil's earnings

The Mariner project
The Mariner project (Source: Statoil)

The installation of the Mariner topside will take place in early July, when modules weighing a total of 38,000 tonnes will be lifted on to the base of the platform, which was installed in 2015.

Mariner, one of the largest projects currently under development in the North Sea, has awarded £1bn worth of contracts to date to the UK supply chain. It has reserves estimated at more than 250m barrels of oil with an average plateau production of around 55,000 barrels per day.

Statoil operates Mariner with a 65.11 per cent stake in the project. Co-venturers are JX Nippon Exploration & Production UK with 20 per cent, Siccar Point Energy with 8.89 per cent and Dyas Mariner with six per cent.

Statoil also today announced a it will soon begin a three-well exploration drilling campaign on the UKCS.

“This is an exciting campaign testing three very different opportunities on the UKCS. We hope to make discoveries that can add value to existing projects and also provide the resources necessary for new developments on the UKCS,” said Jenny Morris, vice president of UK Exploration at Statoil.

Read more: This oil major is aiming to move towards a low-carbon energy system

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