Tulip Oil Netherlands Offshore B.V. (Tulip Oil, or TONO), a wholly owned subsidiary of Tulip Oil Holding B.V., is pleased to announce the Final Investment Decision related to the development of the Q10 gas field.
Tulip Oil will now proceed with developing the field which is expected to become a major offshore producing asset in the Netherlands. The Q10 gas field development will encompass an unmanned offshore platform (Q10-A) with a pipeline tie back to the TAQA operated P15d platform to the south east of the platform. First gas is expected in 2019. The project main components will be executed under EPCI contracts. The pipeline scope has been awarded to Allseas and the production platform scope to Heerema. Drilling of the development wells will be done using a Paragon rig.
