Statoil awards NOK 1.6 billion contracts

Statoil has awarded contracts for Oseberg Vestflanken 2, Johan Sverdrup and Gina Krog, which have a combined value of approximately NOK 1.6 billion.

“We are very pleased to be able to award these contracts now to suppliers that all have a good track record for Statoil,” said Torger Rød, Senior Vice President for Project Development in Statoil.

Statoil submitted the plan for development and operation (PDO) of Oseberg Vestflanken 2 at the end of 2016, and the contract awards are subject to government approval of the PDO.

The field development will provide 110 million bbls of oil equivalent and will be profitable even in a low oil price scenario.

Technip Norway A/S has been awarded contracts for pipe laying at Johan Sverdrup and Oseberg Vestflanken 2. The combined contract value is approximately NOK 400 million.

Ocean Installer has been awarded contracts for marine construction and installation at Oseberg Vestflanken 2, Johan Sverdrup and Gina Krog. The combined contract value is estimated at NOK 200 million.

Hereema Fabrication Group has been awarded an engineering, procurement and construction (EPC) contract for the unmanned wellhead platform at Oseberg Vestflanken 2. The combined contract value is estimated at NOK 800 million.

Aibel has been awarded the contract for engineering, procurement, construction and installation (EPCI) on the Oseberg Field Centre, to prepare the platform for receiving the well stream from Oseberg Vestflanken 2. This contract has a value of approximately NOK 200 million.

Late 2015 FMC was awarded a contract for delivering two subsea trees for the existing subsea template to be included at Oseberg Vestflanken 2. This contract value is approximately NOK 120 million plus options.

The Oseberg Vestflanken 2 development will consist of an unmanned wellhead platform with 10 well slots. Two existing subsea wells will also be reused. The well stream will be routed to the Oseberg Field Centre via a new pipeline, and the wells will be remote-controlled from the Field Centre.

Wellhead platforms with no facilities, helicopter deck or lifeboats are a new solution in Norway, but it has been thoroughly tested in other areas, such as the Danish and Dutch continental shelves.

Edited from press release by Angharad Lock

Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/03022016/statoil-awards-nok-1-billion-contracts-2366/