Norway’s Aker Solutions will certainly update Altera Infrastructure’s PetrojarlKnarr drifting manufacturing storage space as well as unloading vessel (FPSO) to be redeployed at Equinor’s Rosebank area growth, offshore the UK.
Petrojarl Knarr was constructed by Samsung Heavy Industries in South Korea as well as provided in 2014. It was operating the Knarr area offshore Norway from 2015 till May 2022.
The growth principle for the Rosebank area consists of the redeployment as well as reuse of the existing Petrojarl Knarr FPSO had by Altera.
Under a ‘considerable’ agreement with Altera, Aker Solutions will certainly execute the operate in a joint endeavor (JV) with DrydocksWorld-Dubai The FPSO upgrade will certainly happen in Dubai, UAE.
Altera Infrastructure claimed: “We are happy to confirm that Altera Infrastructure has signed a bareboat charter contract with Equinor for the redeployment of the Petrojarl Knarr FPSO to the Rosebank field, west of Shetland.
The Petrojarl Knarr FPSO is a vessel perfectly suited for redeployment in harsh waters. It is a relatively new and modern asset, and it was constructed to allow for electrification, which would reduce operational CO2 emissions, as well as additional features such as vapor recovery system and closed flare on the FPSO. The vessel has available space allocated for electrical equipment in both its mooring turret and on deck.”
The Engineering, Procurement, as well as Construction (EPC) agreement introduced by Aker Solutions is a mix of collaborate with brand-new develop, demolition, as well as life expansion (hull, aquatic systems, as well as topsides) needed for the FPSO to be kept the area for 25 years without drydocking.
The information style will certainly be performed in Norway by Aker Solutions in partnership with Citec Norway AS, ABB Norway AS, OneSubsea Processing AS.
The EPC job is prepared to launch throughout the very first fifty percent of 2023 as well as is set up to be finished at the end of 2025. The Petrojarl Knarr FPSO was carried to Aker Solutions’ lawn at Stord in August 2022 as well as will certainly be saved there till the prepared tow to Dubai throughout the 2nd fifty percent of 2023.
Aker Solutions anticipates to reserve an order consumption of around NOK 2.5 billion (presently around $251 million) pertaining to this agreement in the very first quarter of 2023 in the Renewables as well as Field Development section, pending a last financial investment choice as well as regulative authorizations. This order consumption would certainly mirror Aker Solutions’ component of the JV’s extent.
Rosebank is a UK oil as well as gas area concerning 130 kilometers off the coastline of the Shetland Islands with an approximated 300 million barrels of possibly recoverable gets.
Equinor gotten operatorship of Rosebank with the procurement of Chevron’s 40% risk in 2019 as well as has actually given that been functioning to maximize as well as grow a growth remedy for the area, initially found in 2004, along with companions Suncor as well as Ithaca Energy.
Chevron’s sale to Equinor noted its complete departure from the task, for which it had actually prepared to release a newbuild FPSO with a 100,000 b/d oil, 80 mmcf/d gas production capacity, with storage for about 1 million barrels. This was to be the inmost moored center on the UKContinental Shelf Before the sale to Equinor, Chevron had actually prepared to have the area online in 2024.
Credit: Equinor
