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FEED contracts awarded for Wisting development

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Oilfield Technology,


On behalf of the Wisting licence partners, Equinor has signed a contract with Aker Solutions for the FEED of a FPSO for the Wisting field. Valued at around NOK350 million, the study includes an option for engineering, procurement, construction, and installation (EPCI) calculated at NOK8-12 billion.

The Wisting field is a standalone field development in the Barents Sea, containing close to 500 million boe. Capital investments are expected to be in the order of NOK60-75 billion. The concept chosen for the Wisting development involves a circular FPSO and a power-from-shore solution to be integrated in the technical solution, resulting in very low CO2 emissions from the field.

The FEED contract includes an EPCI option. A floating production unit is to be developed in the FEED phase and Aker Solutions will be responsible for creating an overall solution covering topside facilities, living quarters and a hull. The supplier expects the total scope of work to involve around 5500 person-years. Any exercising of the option will take place at an investment decision.

Involving up to 270 people, the FEED work will mainly be carried out in Norway. Leirvik AS and Sevan SSP AS will contribute as sub-suppliers of engineering services for the living quarters and hull respectively.

Several FEED studies have been awarded following the Wisting partners’ decision to pursue the project (decision gate 2). The studies have been awarded to FMC Kongsberg Subsea, Technip Norge, Aker Solutions, OneSubsea Processing, IKM Ocean Design, Subsea 7, NOV and Baker Hughes Energy. The main part of this work will be carried out in Norway.

The PDO for the Wisting field will be submitted to the Norwegian Parliament (the Storting) after the partners have made an investment decision late 2022.


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Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/10112021/feed-contracts-awarded-for-wisting-development/

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