Statoil Application

Statoil Application

Application submitted for Statoil's New UKCS Head Office at Prime Four

Detailed plans for a new operations centre and head office for Statoil’s UK North Sea development and production activities have been submitted to Aberdeen City Council.

The Norwegian multinational oil and gas company and Prime Four developers Drum Property Group have finalised terms for a 45,000 square foot facility with potential to expand to 90,000 square feet. Construction will begin later this year subject to planning consents.

The Statoil complex will be the operations centre for the Mariner field and possible future Statoil operated field developments on the UK Continental Shelf. Mariner is the largest new offshore development in the UK in more than a decade. Statoil expects to start production from Mariner in 2017 and will be investing more than $7 billion in the project over the 30-year life of the field.

“We are confident that our new office at Prime Four business park in Kingswells will be an attractive workplace for Statoil’s current and future employees, providing us with valuable flexibility for long term growth and expansion in Aberdeen,” said Gunnar Breivik, Managing Director of Statoil Production UK.

“We bring with us experience that we hope can contribute positively, while we are eager to learn and become a part of Aberdeen and its successful oil and gas industry,” Breivik said.

Prime Four is now firmly established as a major world energy centre. Leading oil and gas industry players Nexen, Transocean and Apache are already based at the park and Statoil will join Premier Oil, OneSubsea and De Vere Hotels in Prime Four’s second phase.

Also included in phase 2 is the Fourcourt plaza, designed to be the park’s social hub. Development of the plaza will see a wide range of additional amenities and services, including the provision of pre-school childcare at Kingswellies Nursery, introduced to the park.

“Our overall investment in Prime Four is now in the order of £200 million,” commented Drum Managing Director Graeme Bone. “Our commitment to utilising cutting-edge architectural, landscaping and design principles, together with sustainable materials, has created a development of national economic significance and one which economic consultants have estimated will generate in excess of £450 million annually in economic activity when phase 3 is complete.”

“The energy industry’s level of interest in Prime Four is considerable and we are currently in active and positive discussion with a number of other prospective occupiers. We expect to be in a position to announce further deals within the next few months,” added Mr Bone.

10/07/2014

Sales & Letting

Ryden, Arron Finnie

T: 01224 588866

E: arron.finnie@ryden.co.uk

FG Burnett, Jonathan Nesbit

T: 01224 597531

E: jn@fgburnett.co.uk