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    Statoil awards contract for Johan Sverdrup utility to Kvaerner, KBR

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Summary

Statoil signed a contract with a joint venture consisting of Kvaerner and KBR for construction of the topside for the utility and living quarters platform.

by: Sergio

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Natural Gas & LNG News, News By Country, , Norway

Statoil awards contract for Johan Sverdrup utility to Kvaerner, KBR

Statoil signed a contract with a joint venture consisting of Kvaerner and KBR for construction of the topside for the utility and living quarters platform. The contract has a value of NOK 6.7 billion (€760 million). 

“The market has shown a strong interest in this contract, and Kvaerner and KBR have won the contract in tough international competition,” Margareth Øvrum, executive vice president for Technology, Projects and Drilling in Statoil, commented in a note released on Monday 

The utility and living quarters platform consists of two modules, one utility module and one accommodation module. Fabrication of the utility module will be done by subcontractors in Poland under management of Kvaerner and completed at Stord Norway.

“So far the Norwegian supplier industry has won the main Johan Sverdrup contracts. It is good to see that Statoil and the suppliers jointly are about to break the cost curve to ensure competitive force in a tough time for the whole industry,” Øvrum added. 

The utility and living quarters platform will be connected to the processing platform at the Johan Sverdrup field centre by a gangway.

“On plateau, production will account for 25% of all Norwegian oil and gas production. We have now awarded the project’s second main topside construction contract, and we are on schedule to meet an ambitious field development plan with production start on Johan Sverdrup at the end of 2019” Øivind Reinertsen, senior vice president for the Johan Sverdrup field, explained.