Samsung Heavy Wins Johan Sverdrup Contracts

South Korean shipbuilder Samsung Heavy Industries has been awarded an NOK 7 billion (US$890 million) contract from Statoil for the development of the method and riser platforms for the Johan Sverdrup growth undertaking offshore Norway.

[contextly_sidebar id=”Y3aPoLlQiLZ62PJsdKhCthqQJFOTvdLI”]The contract requires the fabrication of the decks for each the processing platform and riser platform – two of of 4 installations that will probably be constructed throughout section 1 of the undertaking.

The operate of the method platform, which weighs roughly 26,000 tonnes, is to make sure stabilization of the oil and processing into wealthy fuel. The riser platform, in the meantime, weighs roughly 22,000 tonnes and can serve oil and fuel exports, water and fuel injection, in addition to any future connections. The energy cable from onshore additionally ends on the riser platform, the place the present is remodeled from direct present into alternating present for additional distribution to the sector centre.

The platform deck will probably be manufactured on the Samsung’s shipyard in South Korea.

“Johan Sverdrup is a large puzzle in which many suppliers must deliver with precision, quality and on time in order for us to start production towards the end of 2019 and this contract is yet another important milestone for the Johan Sverdrup project. Samsung has extensive experience in manufacturing such installations and we already have a good collaboration with the supplier. They have provided a competitive bid in a tough international competition,” says Margareth Øvrum, govt vp for Technology, tasks and drilling at Statoil.

Phase 1 of the Johan Sverdrup undertaking will consist of 4 bridge-linked installations, together with a utility and lodging platform, a processing platform, a drilling platform and a riser platform, along with three subsea templates for water injection.

With this newest award, all contracts for the 4 platform decks have been awarded. The decks for the drilling platform and lodging platform have already been awarded to Aibel (EPC) and Kværner Stord (EPC). In addition, 65% of the tools packages have thus far been awarded to suppliers in Norwegian.

“Johan Sverdrup will be of major significance to the whole of society for at least 50 years into the future. We now have in place a broad and strong team in the supplier industry to construct the decks for the four platforms. This provides the most optimal conditions for project delivery in terms of quality, time and cost,” says Øivind Reinertsen, undertaking director of Johan Sverdrup discipline growth.

Located within the North Sea roughly 96 miles west of Stavanger, Norway, Johan Sverdrup is without doubt one of the greatest oil discoveries ever on the Norwegian continental shelf, with anticipated assets of between 1.7 and three billion barrels of oil equal. The first-phase of the undertaking will contain the institution of a discipline hub consisting of 4 platforms and is estimated to price roughly NOK 117 billion (US $14.8 billion). A second section of growth is predicted to start out in 2022.

Statoil introduced Monday that the primary piece metal for the riser platform jacket was lower on the Kvaerner Verdal yard in Norway on June 29, marking the official begin of manufacturing of the primary components of Johan Sverdrup undertaking.

The Johan Sverdrup partnership consists of Statoil, Lundin Norway, Petoro, Det norske oljeselskap and Maersk Oil. The partnership has really useful that Statoil be operator for all the sector’s phases.

Production start-up on the discipline is scheduled for the top of 2019.