Aibel win £6billion Drilling Platform Contract
Posted on: 25/02/2015

Staoil have awarded the drilling platform deck for the Johan Sverdrup field to Aibel in a contract estimated to be worth of over £6billion sterling.

The firm will be responsible for all aspects of creating the drilling platform including engineering work, procurement and construction (EPC).

The construction will be split with the building of the deck taking place at the Aibel’s yard in Thailand and Nymo’s yard in Grimstad, Norway. Assembly and mechanical completion will be carried out only at the Aibel’s Norwegian yard in Haugesund, with expected delivery in 2018.

The Johan Sverdrup partnership consists of Statoil, Lundin Norway, Petoro, Det norske oljeselskap and Maersk Oil. The partnership has recommended Statoil as operator for all the field’s phases.

Staoil’s Arne Sigve Nylund, executive vice president of Development & Production Norway, said: “The Johan Sverdrup field is one of the biggest discoveries on the Norwegian continental shelf that will, for its entire lifetime, be a pillar for Norwegian industry and value creation for the Norwegian society. On behalf of the partnership we are looking forward to a close cooperation with Aibel in order to ensure a safe and efficient delivery of this project.

Co-worker Margareth Ovrum, vice president for Technology, Projects & Drilling Staoil, commented: “Targeted efforts have been made to reduce cost and ensure a cost-efficient delivery and execution. We are therefore pleased to see that Norwegian suppliers have regained their competitiveness. The drilling platform is one of four platforms in the planned field centre and it is a complex and challenging project in itself. In order to succeed we are dependent on competent suppliers at all stages, and Aibel has been awarded this contract in a very competitive market.”

Johan Sverdrup’s first phase development involves four installations including an accommodation a drilling, a riser and process platform, as well as three seabed templates for water injection. The platforms will be connected by walkways.

It has been predicted that the field will initially be able to recover 70% of available oil, once stable the total oil production from the field will account for approximately 40% of the total oil production of the Norwegian continental shelf.

Whilst this contract remains subject to approval for the Plan for Development and Operation by the Norwegian Parliament, it would be a substantial win for Aibel and stand as a promising development for the entire Johan Sverdrup partnership and the North Sea Oil and Gas sector in general.

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