Continental Focus, International Reach

Dynamic Completes Nene Production Platform

Thursday, June 2, 2016

Dynamic Industries has completed a 500-ton production platform and the refurbishment of a 300-ton jacket. The production platform and jacket are for ENI’s Nene field offshore the Republic of Congo. The field is expected to produce 140,000 boepd.

The company said this was achieved by accelerating delivery dates utilizing its large inventory of used structures. Dynamic was able to reduce the schedule to first oil by as much as 60% using a production platform and jacket from its inventory.

Jeff Clement, COO of Dynamic Industries, Inc. US Fabrication Division, stated, “In today’s low commodity price environment, offshore fields that are challenged from a budget and schedule perspective can benefit greatly from utilizing our large inventory of offshore structures. Our client saw significant savings by utilizing used structures. In addition, the environmental advantages of a closed loop system, where platforms and jackets removed by Dynamic and its partners are refurbished and returned to active use, provides another example of continued commitment to both the environment and reserve replacement.”


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