Equinor has awarded Aibel a portfolio agreement for modification tasks at Oseberg fields in the Norwegian North Sea.
The 5-year portfolio agreement with an extension option includes study work, minor FEEDs, and major modification project executions, and engineering, procurement, construction, and installation (EPCI)projects.
As the first call-off under the portfolio agreement signed for the years 2020-2026, Equinor let a front-end engineering and design contract to Aibel for the Oseberg Gas Capacity Upgrade and Power from Shore project (OGP). The value of the FEED contract is 120 million kroner.
During the next year, Aibel will carry out a FEED for the OGP project, which include new modules for the Oseberg field center and associated integration work both offshore and at the onshore facility at Kollsnes.
The projects will be managed from Aibel's office in Bergen with support from other offices.
The aim of the upgrade projects at Oseberg is to maximize gas exports and minimize CO2 emissions by partly electrifying Oseberg field center and Oseberg South with onshore power. Increased gas capacity through the OGP project will increase the value of future tie-ins to Oseberg.
Upon a final investment decision by Equinor and its partners—expected in late 2021—and a final regulatory approval in the OGP project, Equinor has the option to exercise a call-off for engineering, procurement, construction and installation (EPCI).
The oil and gas fields lie in Blocck 30/6 and 30/9, 130 km northwest of Bergen. Gas is exported from Oseberg field center to markets in Europe. Oil and condensate are piped to the Sture terminal in Øygarden north of Bergen. Oseberg field center includes three platforms, Oseberg A, B, and D, connected to one another with bridges, in the southern part of Oseberg field, and the Oseberg C platform, which lies 14 km north of the field center.
Equinor is operator with 49.3%. Partners are Petoro AS 33.6%, Total E&P Norge AS 14.7%, and ConocoPhillips Skandinavia AS 2.4%.
