Statoil lets jacket contract for Johan Sverdrup oil field

June 26, 2014
Statoil ASA has entered into a framework agreement with Kvaerner ASA for the delivery of jackets in the North Sea until 2020. The companies also will sign a letter of intent for the delivery of two jackets to Johan Sverdrup oil field, which lies in 110 m of water across production licenses 265, 501, and 502 in the Utsira High area in the Norwegian North Sea, 140 km west of Stavanger.

Statoil ASA has entered into a framework agreement with Kvaerner ASA for the delivery of jackets in the North Sea until 2020. The companies also will sign a letter of intent for the delivery of two jackets to Johan Sverdrup oil field, which lies in 110 m of water across production licenses 265, 501, and 502 in the Utsira High area in the Norwegian North Sea, 140 km west of Stavanger.

The framework agreement allows Kvaerner to perform engineering, purchasing, and steel jacket construction in the North Sea until 2020. Statoil says the agreement ensures greater consistency and secures the company access to expertise and capacity crucial to forthcoming developments.

Johan Sverdrup is the first development covered by the framework agreement, which includes four installations and jackets.

The two jackets subject to the letter of intent are for Johan Sverdrup’s riser platform and drilling platform, which Statoil describes as the two largest and most demanding steel jackets at the field center. The jacket for the riser platform is due for delivery in summer 2017 and the drilling platform jacket in spring 2018.

The letter of intent for the first two platforms on Johan Sverdrup is contingent on an investment decision for the field being reached in February 2015.

Kvaerner has been involved in the development of Johan Sverdrup as Aker Solutions’ subcontractor for jacket design on the field center pre-project.

The contracts for the steel jacket for the accommodation quarters and the processing plant are expected to be let in the middle of 2015. Kvaerner is one of several potential suppliers, Statoil says.

A concept for the first development phase of Johan Sverdrup was selected in February. Production is expected to start in late 2019, with a field production horizon reaching beyond 2050 (OGJ Online, Feb. 13, 2014).