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Our Products
Cambo Oil and Gas Field primarily produces hydrocarbons, including oil and gas. The extracted resources undergo processing and are then offloaded or transported for further distribution. Here is a list of the main products associated with the Cambo Oil and Gas Field:
Cambo is expected to produce significant quantities of crude oil. This crude oil is a primary product that holds value as a raw material for various industries, including refining processes that turn it into refined petroleum products.
The field is anticipated to yield substantial volumes of natural gas. This natural gas can be used for various purposes, including power generation, heating, and as a feedstock for the production of chemicals and other valuable products.
Depending on the composition of the extracted hydrocarbons, Cambo may also produce condensate. Condensate is a light liquid hydrocarbon mixture that is typically found in association with natural gas.
These products play a crucial role in meeting energy demands, supporting industrial processes, and contributing to the overall energy landscape. The transportation and distribution of these products typically involve tankers for crude oil and pipelines for natural gas, ensuring their delivery to markets and refineries for further processing.
Key activities and objectives of Cambo Oil and Gas Field include:
Exploration and Discovery:
The field focuses on identifying and assessing oil and gas reserves beneath the seabed. Cambo was discovered by Hess Corporation in 2002 and has undergone subsequent appraisal and development stages.
Field Development:
Cambo Oil and Gas Field is actively involved in the planning and execution of the development phases. This includes the design and deployment of production infrastructure, drilling of wells, and the establishment of facilities to extract and process hydrocarbons.
Project Operation:
Siccar Point Energy, holding a 70% stake, serves as the operator of the Cambo project, overseeing day-to-day activities, decision-making, and ensuring adherence to safety and environmental standards.
Partnership and Collaboration:
Collaboration with Royal Dutch Shell, which holds a 30% stake, emphasizes the importance of joint efforts and shared expertise in optimizing the field's development and ensuring its economic viability.
Innovation in FPSO Design:
Cambo stands out with its innovative use of a cylindrical FPSO (Floating Production, Storage, and Offloading) vessel design without a traditional turret. This marks a departure from conventional approaches in the industry.
Environmental Considerations:
The project places a strong emphasis on environmental responsibility. Fugro GB Marine provides environmental consultancy services to ensure that the development and production processes align with the highest ecological standards.
Resource Production:
With an expected production start in 2024, Cambo aims to yield significant quantities of oil and gas over a 25-year lifespan. The produced oil will be offloaded into tankers, while the gas will be utilized for power generation on the FPSO and transported via an export pipeline.
In summary, Cambo Oil and Gas Field engages in the comprehensive process of discovering, developing, and producing hydrocarbons in the challenging offshore environment, with a focus on technological innovation, collaboration, and environmental sustainability.
Key Highlights
Siccar Point Energy, holding a commanding 70% stake and serving as the project operator, collaborates seamlessly with Royal Dutch Shell, contributing their expertise and global reach.
Cambo embraces cutting-edge technology with a distinctive cylindrical FPSO design, signaling a departure from conventional approaches. Our two-phase development plan ensures optimal resource utilization and long-term viability.
Located approximately 125km northwest of the Shetland Islands, Cambo is poised to play a pivotal role in the UK’s energy landscape. Anticipated to produce 51,000 barrels of oil and 30 million cubic feet of gas daily, our field is projected to operate for a robust 25-year lifespan.
