Nido, headquartered in Perth, Western Australia, is an exploration and production company whose business activities are focussed on the Philippines offshore Palawan Basin.
The contract for Sigma Offshore includes the delivery of a 480m (almost a third of a mile) floating hose, a key part of the marine export system – as Nido begins early well testing in its Tindalo Field.
Alistair Dornan, president and CEO of Sigma Offshore, said: ”We’re delighted to have been awarded the contract by Nido Petroleum. Our highly-skilled and knowledgeable team have the experience to deliver this key equipment.
”This is Phase One of a planned extended well test. Should the well test prove successful and the field reserves be sufficient for a Phase Two, then we are hoping that Sigma Offshore will be well placed to assist Nido for the full field development.”
Joanne Williams, deputy managing director of Nido Petroleum, said: ”Having received the final investment decision to proceed in Quarter 4 last year, speed was of the essence to achieve our project schedule of spudding the well in April 2010. Sigma Offshore have the skills set to meet this tight deadline.”
Sigma Offshore delivers extended well testing systems, floating production export system, subsea architecture design, deepwater subsea system, mooring and riser system, consultancy services and project management.
The company has worked on a range of projects from oil and gas consultancy to studies for multi-billion pound renewable proposals.
