Premier Oil has welcomed a major milestone after the Tolmount platform was successfully installed in the early hours of this morning.
It was announced last week that the topside had arrived on location in the Southern North Sea following a 3,350 nautical mile journey from Ravenna, Italy, which got underway in mid-September.
Work to install the jacket for the platform got underway on Friday with the help of Hereema’s heavy lifting vessel.
Premier Oil has now announced on Twitter that the installation of the Tolmount topside was successfully completed at 12.30am today, describing the completion as a “big milestone” for the field.
Installation of topsides completed at 00:30 this morning – another big milestone reached at the Tolmount field pic.twitter.com/U7cC16s611
— Premier Oil plc (@PremierOilplc) October 13, 2020
The focus will now turn towards hook-up activities.
Tolmount, which was given the green light by Premier Oil in 2018, is forecast to yield around 96million barrels of oil equivalent.
First gas is targeted for the second quarter of 2021.
Premier Oil has a 50% stake in the project, while Dana Petroleum has the remaining 50%.
Construction of the platform was jointly undertaken by Dana and Kellas Midstream and took 26 months to complete.
Work was carried out by engineering and construction firm Rosetti Marino at its yard near San Marino.
Premier Oil made headlines last week after it announced a mega reverse takeover deal with Chrysoar, a move which will “solidify” the latter’s position as the largest producer in the UK North Sea.