Rose Bank Oil and Gas Field

Summary Information

• Operator: Chevron
• Country: UK
• Location: West of Shetland
• Production start:
• Partners: Chevron - 40 %; OMV - 50 %; DONG - 10%
• Type: Oil & Gas
• Estimated Reserves: Total potentially recoverable oil-equivalent resources of 240 million barrels
• Production Volume:

+++ Description

• The Chevron-operated Rosebank project is located approximately 80 miles (130 kilometers) northwest of the Shetland Islands, in water depths of approximately 3,700 feet (1,100 meters).
• The project will include a floating production, storage and offloading vessel, The [[[Rose Bank FPSO]]], production and water injection wells, subsea facilities, and a gas export pipeline.
• The export gas pipeline will be connected directly to the Shetland Islands Regional Gas Export line and thence to St Fergus

+++ Contractors

• **KW Subsea:** Conceptual design of subsea systems
• **Wood Group Kenny:** pre-FEED option selection studies, FEED and early procurement support for the 230km gas pipeline, in addition to structural designs for a deepwater Pipeline End Manifold (PLEM)
• **Hyundai Heavy:** Engineering, procurement, and construction for the FPSO

+++ History

• 2001 - Blocks 213/26 & 213/27 were awarded under licence P1026 to ChevronTexaco subsidiary, Texaco North Sea U.K. Company (100%), under the UK 19th Licensing Round
• 2004 - Rose Bank Oil And Gas Field discovered
• 2012 - Chevron announced that it has entered front-end engineering and design (FEED)
• 2012 - Wood Group Kenny awarded pipeline contract
• 2013 - OMV acquires additional 30% stake from Statoil

+++ Geology

+++ Links

1. KWSubsea Subsea References
2. Chevron’s Rosebank Project in the United Kingdom Enters Design Phase
3. ChevronTexaco and Partners, Statoil, OMV and DONG, Announce Oil and Gas Discovery Offshore United Kingdom
4. Wood Group Kenny wins Rosebank export line feed
5. Hyundai Heavy Clinches USD 1.9 Billion FPSO Order
6. USD 2.65 bn transaction to capture value and focus the portfolio