EnergyPathways has signed an MoU for subsea front-end engineering design engineering, project support, procurement and offshore construction services for its Marram field project in the UK Irish Sea.
The MoU, pertaining to negotiating the provision of these services, has been signed with MCS Subsea Solutions and Mermaid Subsea Services.
This move marks a significant step towards the final investment decision for EnergyPathways’ Marram gas field development project.
EnergyPathways CEO Ben Clube said: “The signing of this MoU is an important step in ensuring the necessary subsea expertise and project support capabilities are in place to deliver the Marram Project utilising cost-effective and timely project delivery solutions.
“The Marram Project will provide affordable and reliable low-emission energy to the UK market, while offering security of energy supply and commercial returns to our investors.”
Due to start production in 2025, the Marram Project is designed as a cost-effective, two-well subsea tieback development.
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By GlobalDataEnergyPathways said it has already engaged MCS and Mermaid for initial work orders, which will inform the scope of the final contract.
The development plan for the Marram Project includes the use of diverless connection systems in shallow water, which is expected to reduce the risks associated with diver-based pipeline tie-in operations.
Mermaid Subsea Services UK regional director Scott Cormack said: “Delivering on the UK Government’s strategy of Maximising Economic Recovery of offshore oil and gas reserves, while also ensuring an orderly transition to net zero, is core to Mermaid’s business, and this MOU is further evidence of that.
“Marram is a low-emission, high-reward field, and we look forward to working with EnergyPathways and MCS to make this project a reality.”