05 December 2014

Hebron delayed at least 12 months #nlpoli

CBC news reported on Thursday that the topsides module for the Hebron project won’t be delivered on time. 

Rather than arriving in 2015 for mating with the concrete base,  the entire structure for the living, drilling, and support spaces won’t arrive until sometime in the middle of 2016.

The original project timelines called for the topsides to arrive in early 2015 for mating to the concrete base.  That would allow time to float the structure to the site,  fix it in place, and start drilling the production lines into the field.  The original plan called for first oil in early to mid- 2017.

The one year delay in topsides fabrication will likely mean a one year delay in first oil.  it’s hard to imagine how it could be any different.