FMC Kongsberg Secures Johan Sverdrup EPC Contract



FMC Kongsberg Subsea AS has been awarded an EPC (engineering, procurement and construction) contract, worth an estimated $160 million, for subsea equipment for the Johan Sverdrup project.

The contract includes the delivery of 13 subsea trees and well heads, as well as three subsea templates and control systems. In the first phase of the Johan Sverdrup development, three standard templates will be installed north and south of the field center in water depths of 360 to 390 feet. The award is based on a new standard vertical subsea tree, which has been developed in cooperation with the supplier market and DNV. This new standard is expected to help increase cost efficiency for future subsea developments.

Kjetel Digre, Statoil’s senior vice president for the Johan Sverdrup development project, commented in a company statement:

“The subsea equipment which will be delivered from FMC Technologies makes up an important part of the Johan Sverdrup development. The subsea equipment enables reinjection of sea water and produced water into the Johan Sverdrup reservoir when we have started production. In this way, we will achieve maximum recovery and value creation from the Johan Sverdrup resources. At the same time, this is a favourable environmental solution, as we will minimize discharges to sea from the field.”

Statoil is the operator of the Johan Sverdrup field with a 40.0267 percent interest. Lundin Norway holds a 22.6 percent interest, Petoro holds a 17.36 percent interest, Det norske oljeselskap has an 11.5733 percent interest and Maersk Oil has an 8.44 percent interest.​​​



WHAT DO YOU THINK?


Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

RELATED COMPANIES
Company: Statoil more info
Operates 1 Offshore Rigs
 - Statoil May Build Onshore Terminal for Castberg Oil -Minister (Jan 16)
 - Canadian Offshore Oil Interest Grows As Pipeline Woes Sink Alberta Prices (Dec 20)
 - Sharp Fall In Applications For Norway's Arctic Oil Permits (Dec 05)
Company: FMC more info
 - Technip Says London Still Natural HQ of TechnipFMC Despite Brexit Vote (Jun 24)
 - FMC Kongsberg Secures Johan Sverdrup EPC Contract (Sep 18)
 - Statoil Taps FMC Technologies for Services at Snorre (Jan 25)
Company: Lundin Petroleum AB more info
Operates 2 Offshore Rigs
 - Output At Lundin's Grieg Field Back To Normal After Forties Outage (Dec 27)
 - Sharp Fall In Applications For Norway's Arctic Oil Permits (Dec 05)
 - Lundin Board Proposes Malaysia, France, Netherlands Asset Spin Off (Feb 13)
Company: Petoro more info
 - Aker Solutions Secures Johan Sverdrup Phase 2 FEED Contract (Mar 21)
 - NPD Grants Consent for the Expansion of Nyhamna Gas Plant (Feb 10)
 - Statoil Granted North Sea Drilling Permit by NPD (Dec 21)
Company: Det norske oljeselskap ASA more info
 - Det Norske Completes Merger with BP Norge, Creates Aker BP (Sep 30)
 - Lundin Granted Drilling Permit Offshore Norway (Sep 20)
 -  Det Norske Increases Production Guidance for 2016 (Sep 14)
Company: Maersk Oil & Gas more info
 - Maersk Oil CEO To Step Down After Total Takeover (Sep 27)
 - Maersk Stands to Get Another $7.5 Billion for Energy Divestments (Aug 21)
 - Fars News Agency: Maersk Sees Up To 140,000 Bpd Potential For Iran Field (Aug 01)