Aker Solutions Secures Johan Sverdrup Phase 2 FEED Contract
Aker Solutions has secured a front-end engineering and design (FEED) contract from Statoil for the second phase of the Johan Sverdrup development offshore Norway.
The FEED work is for a new processing platform and the bridge that will connect it to the development's riser platform. The contract also includes the design of a module and the work to integrate this with the riser platform.
This FEED contract will involve more than 250 Aker Solutions employees in Oslo and Stavanger. It will be delivered in the first quarter of 2018.
"We've worked closely with Statoil on significantly bringing down costs and increasing the overall efficiency of this major development,'' Luis Araujo, chief executive officer of Aker Solutions, said in a company statement.
Johan Sverdrup is estimated to hold 2 billion to 3 billion barrels of oil equivalents. It's expected to produce up to 660,000 barrels of oil equivalents a day when fully developed in 2022, equal to about a quarter of current domestic output.
Production is slated to start in late 2019 and is predicted to last for about 50 years. The first development phase will consist of four platforms linked by bridges.
Statoil is operator for the development, which spans three licenses. Other partners include Lundin Norway, Petoro, Maersk Oil and Aker BP.
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.
- Equinor Taps Jacobs for Gas-to-Hydrogen Conversion Study (Jul 11)
- Norway Awards Oil Permits To 11 Firms In Arctic Licensing Round (Jun 18)
- Equinor Hands $3.7B Deals To Schlumberger, Halliburton, Baker Hughes (Jun 18)
Company: Petoro more info
- Norway's Parliament Approves Plan for Arctic Oilfield (Jun 11)
- Iceland's Oil Dream in Peril as China, Norway Give Up Last Block (Jan 23)
- Aker Solutions Secures Johan Sverdrup Phase 2 FEED Contract (Mar 21)
Company: Aker Solutions more info
- Aker Solutions Opens Upgraded Aberdeen Site (Apr 27)
- Aker BP Buys Hess' Norway Unit For $2B (Oct 24)
- Aker Completes More Than Two-Thirds of Cost-Cutting Program (May 09)