Subsea equipment specialist FMC Technologies has been awarded a NOK1.3billion ($161million) contract by Statoil for the Johan Sverdrup project in the North Sea.
Statoil has awarded an engineering, procurement and construction (EPC) contract to IKM Ocean Design for the Johan Sverdrup project.
Statoil has awarded Kvaerner Verdal a contract win for the delivery of the steel jacket for the Johan Sverdrup drilling platform. It comes after the companies signed a letter of intent which focused on the importance of cooperation based around further standardisation and simplification of work. Weighing 22,500 tonnes, the drilling platform jacket will be the second largest of the jackets to be constructed during the first phase of the Johan Sverdrup project.
Early oil and gas explorers missed discovering the mammoth Johan Sverdrup oil find by just 200metres.
Fire and security specialist Autronica will provide Statoil with equipment for its offshore operations in the Johan Sverdrup oil field in the North Sea.
Statoil's plans for the first development phase of the massive Johan Sverdrup field have been approved by the Norwegian government.
The first piece of the Johan Sverdrup development has now been completed and installed in the North Sea. Statoil said the installation of the 280-tonne pre-drilling template was carried out by Heerema Marine Contractor’s crane vessel ‘Thialf’. Kjetel Digre, head of the Johan Sverdrup field development, said: “We have completed and installed the first piece of one of the largest industrial projects in Europe.
Norwegian oil firm Det Norske said it will appeal a government decision to give it a smaller stake in the Johan Sverdrup oilfield than it had been seeking. The company revealed their plans as it reported lower than expected second quarter earnings for 2015. Det Norske believes it should have been given a larger share than the percentage proposed by operator Statoil of 11.89%.
Statoil has awarded Baker Hughes Norway a £119million (NOK1.5billion) contract for its Johan Sverdrup development.
No one can accuse the Norwegian government of being greedy when it last week decided on the ownership stakes in the giant Johan Sverdrup oil discovery. After months of deliberation, the Petroleum and Energy Ministry’s decision meant it took away as much as 15 million barrels of oil from Petoro AS, the state-owned oil company. The other loser was Det Norske Oljeselskap ASA, which forced the government to arbiter after disagreeing with the field’s other partners. They include Statoil ASA, Lundin Petroleum AB and A.P. Moeller-Maersk A/S. The move to cut Det Norske’s stake, and in the process its own, was surprising since it could have approved the initial deal, said Kjetil Bakken, an analyst at Carnegie ASA. “That’s a bit odd,” he said in an interview Friday. “You could wonder if there’s an element of retribution here, or at least a very strong signal to the entire industry to please refrain from bringing this sort of dispute to the ministry.”
The Norwegian government has modified an original proposal on how to divide up stakes in the Johan Sverdrup field in the North Sea, giving Det norske a smaller stake than originally proposed, it said on Thursday. Sverdrup, Europe's costliest offshore energy project, contains up to 3 billion barrels of oil equivalent (boe) and could operate for 50 years. It is forecast to start production by the end of 2019. Four out of five shareholders, including operator Statoil, agreed in February on how to divide up the project, but Det norske disputed the agreement, asking for a government review.
Samsung has won a construction contract for Statoil’s flagship Johan Sverdrup project worth NOK7million.
Construction for Statoil’s flagship Johan Sverdrup project has officially begun. Today, Kværner metal worker Stian Myrvold Green flipped the switch on the machine tasked with cutting steel for the riser platform jacket.
Nicola Sturgeon will today call on the UK Government to consult urgently on incentives to boost exploration in the North Sea. The First Minister will make the demand at the annual Oil and Gas UK Conference in Aberdeen. Figures show that North Sea exploration last year reached its lowest level in at least two decades, with 14 explorations wells drilled compared to 44 in 2008. The Scottish Government claims the Westminster Government has yet to deliver any follow up action after committing at the end of 2014 to further work on options for supporting exploration through the tax system.
Kongsberg Maritime is set to deliver technology for the Johan Sverdrup field. The award is for delivery of the Safety and Automation System (SAS), Life Cycle Simulator and SAS Information Management System for the four platforms on the Johan Sverdrup field centre.
Statoil has awarded 2H Offshore a contract for analysis on the Johan Sverdrup field in the Norwegian sector of the North Sea. The company's work includes tieback conductor, platform conductor and surface riser engineering analysis. 2H had already conducted engineering studies for Statoil to support wellhead specification on the development.
Statoil has signed a contract with Allseas for the installation of three platform topsides in the Johan Sverdrup field. The topsides will be installed for the drilling, processing and living quarter platforms. The drilling platform topsides will be installed in 2018, and the processing and living quarter topsides will follow in 2019.