Our Business

MFDevCo specialises in the development of marginal field projects

We deploy proven technologies and our consortium of industry specialists to convert marginal or stranded resources into commercially attractive, technically viable projects that will maximise economic recovery of valuable hydrocarbon resources.

Gas to wire

Gas to wire maximises the recovery of stranded gas resources to provide secure, sustainable energy to local power markets.

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Normally Unattended (NU)

Normally Unattended operations to reduce opex.

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Self-Installing Fixed Tower (SIFT)

SIFTs are a generic range of structures that can all be easily installed and redeployed and from which drilling can be undertaken. They reduce project capex.

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Suitability Assessments

Evaluating the potential value of a marginal field using ‘suitable’ options.

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Field Development Plans (FDPs)

It is only appropriate FDPs which will transform marginal field economics.

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Engineering and Detailed Design

Consortium members undertake FEED and further studies once a suitable development has been evaluated.

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Project Finance

The aim of our offering is to generate the strongest project economics which will, in turn, provide a compelling case for investment.

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Construction

MFDevCo and Consortium members oversee the construction of the platform, storage, and fabrication of topsides modules, under contract with Calm Oceans Pty. Limited who will provide these on a lease basis.

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Installation and Commissioning

Self-installing design and redeployment result in lower costs from commissioning to abandonment.

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Operations

Lower opex from Normally Unattended operations and carefully planned field operations are key to MFDevCo’s approach.

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Redeployment & Decommissioning

We design our facilities to be decommissioned and redeployed quickly, efficiently and cost-effectively.

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