Statoil lets contracts for North Sea projects
Statoil ASA has let a combined $240 million in contracts covering work at Oseberg Vestflanken 2, Johan Sverdrup, and Gina Krog in the North Sea.
Statoil ASA has let a combined $240 million in contracts covering work at Oseberg Vestflanken 2, Johan Sverdrup, and Gina Krog in the North Sea. These included:
• Technip Norway AS received $60 million in pipelay contracts for Johan Sverdrup and Oseberg Vestflanken 2.
• Ocean Installer Ltd. received $30 million in contracts for marine construction and installation at Oseberg Vestflanken 2, Johan Sverdrup, and Gina Krog.
• Hereema Fabrication Group SE received an engineering, procurement, and construction (EPC) contract for the unmanned wellhead platform at Oseberg Vestflanken 2. Heerema Marine Construction will be responsible for transport and installation of the platform. The combined value is $120 million.
• Aibel AS received a $30-million engineering, procurement, construction, and installation (EPCI) contract for the Oseberg field center, where the firm will prepare the platform to receive the well stream from Oseberg Vestflanken 2, which is 8 km northwest of Oseberg field’s center in 100 m of water.
Late last year, FMC Technologies Inc. was awarded a $20-million contract for delivery of two subsea trees for the existing subsea template to be included at Oseberg Vestflanken 2.
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 center via a pipeline, and the wells will be remote-controlled from the field center.
Statoil submitted the Oseberg Vestflanken 2 plan for development and operation (PDO) in December (OGJ Online, Dec. 18, 2015). The contract awards are subject to government approval of the PDO.
The company says the field development will provide 110 million boe and remain profitable even in a low oil price scenario.
Statoil operates Oseberg Vestflanken 2 with 49.3% interest. Partners are Petoro AS 33.6%, Total SA 14.7%, and ConocoPhillips 2.4%.
Johan Sverdrup, 155 km west of Stavanger on the Utsira High, is operated by Statoil with 40.0267% interest. Partners are Lundin Norway AS 22.6%, Petoro 17.36%, Det Norske Oljeselskap ASA 11.5733%, and Maersk Oil 8.44%.
The field will be developed in phases. Production start-up is scheduled for yearend 2019.
Gina Krog field, 30 km northwest of Sleipner and 230 km southwest of Stavanger, is operated by Statoil with 58.7% interest. Partners are Total E&P Norge AS 30%, PGNiG Upstream International AS 8%, and Det Norske Oljeselskap 3.3%.
Expected recoverable reserves from Gina Krog are 225 million boe.