Harkand is to conduct installation work in the North Sea for Apache Beryl in the Nevis South Field, located 335 kilometres northeast of Aberdeen, Scotland.
One of Harkand’s dive support vessels – either Harkand Da Vinci or Harkand Atlantis – will be deployed to install subsea equipment for the Apache Corp subsidiary. Harkand will also provide project management, engineering services and its personnel.
Harkand signed the master service agreement signed with Apache Beryl, the field’s operator, in 2014. Last year, it performed tie-in work for the Nevis S67 well at the Beryl field. It also worked with Apache on phase 1 of the Aviat Field development.
US-headquartered Apache Corp last week said it would slash its capital expenditure budget for 2016 by more than half to between $1.4bn and $1.8bn. It spent $3.6bn in 2015.
Around 30% of Apache’s 2016 capex will be spent on its North Sea operations, the biggest share of any of its regional divisions. Offshore Egypt is also a priority for the firm.
