Peterson ready to expand new North Sea vessel pool scheme

Energy logistics company Peterson said yesterday that it intends to expand a new, cost-saving, central and northern North Sea (CNNS) vessel pool scheme to include more partners.

The vessel sharing initiative was launched in July and has two weekly sailings serving current partners Maersk Oil, Petrofac and Dana Petroleum.

The service covers Maersk Oil’s Gryphon and Global Producer III FPSOs, Dana’s Triton FPSO and the FPF-1, of which Petrofac is duty holder. FPF-1 produces from Ithaca Energy’s Stella development.

Peterson is managing the scheme from its Waterloo Quay in Aberdeen. It is acting as independent facilitator and vessel charterer.

The company can call upon a wealth of experience, having managed vessel sharing in the southern North Sea for more than two decades.

Peterson said the scheme set up to make sure voyage planning was efficient and that costs are allocated correctly and fairly among the partners.

It said that the combining of volumes, distance and capacity, and increased flexibility in schedules were helping deliver cost savings.

Peterson regional director Chris Coull said: “We are delighted to be working with like-minded, visionary companies who see the value in sharing resources and are pleased to be acting as pool facilitators and enabling the principle of a CNNS pool to come to reality.

“We are looking forward to expanding our offering and have built our model in a way that we can easily expand as the market demand increases to include more pool partners. Other companies are watching the progress of this initiative with great interest and we trust we will welcome more forward-thinking organisations on board in the future.”

Les Mills, corporate logistics superintendent, Petrofac, said: “Reducing the cost of operations in the UKCS is a collective industry responsibility and Petrofac is absolutely committed to playing its part. We’re very excited to be part of this group bringing new levels of collaboration to the North Sea.

“Reducing the number of vessel voyages has many advantages. Fewer vessel movements minimises safety risks, reduces emissions and lowers costs for the vessel charterer and share partners.

“As established and new entrant operators seek to extend field life in the North Sea, logistics sharing provides an effective way to meet operating requirements, while reducing costs when compared to dedicated resources.”

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