Danish contractor Semco Maritime has entered into a strategic partnership with Norway-based energy company BlueNord, also known as Noreco, to jointly identify opportunities in the oil and gas space.
The agreement enables the duo to pursue specific scopes such as taking over operation of already existing assets or developing and operating new fields as well as making other relevant investments or taking on other related activities.
Semco Maritime will be responsible for the daily operation of topside facilities as well as tasks related to production optimisation, maintenance and integrity planning, modifications, procurement, logistics and warehousing, and emergency response.
BlueNord is the second largest oil and gas producer in Denmark with an asset portfolio including four hubs and 11 producing fields of which three hubs are currently producing and one hub is under redevelopment.
The company has submitted a license application in the Elly-Luke area of the Danish North Sea, which is currently believed to have the potential to provide around 5bn cu m of natural gas to Denmark and Europe.
“For BlueNord this is a tangible and important step in our ongoing development towards long term maximisation of the value from our existing assets and opportunities. Since 2019, Denmark has been core for us and is where we focus our long-term ambitions. With this agreement we continue to build our capabilities enabling us to provide Europe with the energy it needs both now and in the future,” said Marianne Eide, chief operating officer in BlueNord.
