Our strategy is to reduce capex, lower opex and manage through-life costs for investable D&P projects

We assess every aspect for an integrated development

Our Consortium of oil field specialists provide cost-effective turnkey delivery

  • Transform
  • Develop
  • Deliver
Transform
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Maari Wellhead Platform Taranaki Basin Clough Oil Gas

Who We Are

We specialise in the evaluation, development and operation of marginal offshore oil and gas fields

If capex and opex can be reduced, and opex maintained at design levels through-life, with all safety and environmental design criteria met, then many marginal fields may become economic and investable. When such fields reside in the D&P rather than E&P segment, they may become especially attractive because the investment to that time has removed considerable uncertainty and hence risk. These are the opportunities MFDevCo seeks.

We can reduce project development costs in many ways, standardising facilities and approaches, for example, Normally Unattended topsides to reduce manning levels, self-installing, redeployable structures to minimise subsea infrastructure and decommissioning costs, and non-recourse project finance solutions that reduce the capital at risk. We work closely with our Consortium members to develop, deliver and operate projects to deliver economic and investable developments. 

Why Choose Us

Capability

We evaluate options and identify hidden value in offshore marginal fields

Commitment

We devise project finance strategies for investible projects

Collaboration

With our Consortium members, we challenge accepted practices, develop appropriate technologies and innovative solutions

Our Consortium

30
Countries worldwide
40 Years
Servicing the oil and gas sector
Conglomerate
support for marginal field projects
Our Ethos
Be efficient – reduce costs and improve returns
Be flexible – evaluate options and identify most suitable solutions
Be different – innovate and challenge accepted practices
We are challenging traditional methods and encourage innovation, do you want to work with us?

Our Consortium