Enegi Oil is pleased to provide a further update on the development of the Marginal Field Initiative by ABT Oil and Gas Ltd. (“ABTOG”), the Company's joint venture with ABTechnology Ltd. ABTOG has signed a collaboration agreement with global engineering and design consultancy Arup.
Arup thus becomes the latest member of the Marginal Field Delivery Consortium (the “Consortium”) that ABTOG has established to assist in the delivery of its Marginal Field Initiative (the”Initiative”), joining Kongsberg Maritime, Apollo, RMRI, Braemar ACM, AGR and Frames.
The addition of Arup to the Consortium is a very positive step for the Initiative as Arup has considerable project management experience that will enhance the Consortium’s ability to deliver its range of solutions to budget and on schedule. Arup also brings an additional proven-in-use structure (the ACE platform) that can house ABTOG’s normally unattended topsides.
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