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Statoil signs letters of intent for Johan Sverdrup phase 2 with Aibel and Aker Solutions-Kværner joint venture

Today Statoil, on behalf of the Johan Sverdrup partnership, signs a letter of intent with Aibel for the construction of the processing platform topside for phase 2 of the project. A letter of intent for field centre modifications is also issued to a joint venture of Aker Solutions and Kværner.

Statoil signs letters of intent for Johan Sverdrup phase 2 with Aibel and Aker Solutions-Kværner joint venture

Today Statoil, on behalf of the Johan Sverdrup partnership, signs a letter of intent with Aibel for the construction of the processing platform topside for phase 2 of the project. A letter of intent for field centre modifications is also issued to a joint venture of Aker Solutions and Kværner.

Statoil reported this on April 5, 2018

Total value is estimated at more than NOK 11 billion.

Phase 1 of the Johan Sverdrup development is well underway with planned startup in late 2019.

To promote synergies, continuity and a holistic development of the entire field the Johan Sverdrup partnership is issuing letters of intent for the development of phase 2 of the project.

The contracts will be awarded later this year. Production start for phase 2 is planned in 2022.

«Good and close collaboration with our suppliers has been an important factor behind the improvements that we have seen so far in phase 1 of the Johan Sverdrup development. Signing these two agreements involving three of our main suppliers from phase 1 expresses our desire to build on the experiences, collaboration and skill-sets developed into the second phase of the project. This should give us a good starting point to deliver Johan Sverdrup phase 2 safely, with quality and on budget», says Kjetel Digre, senior vice president for Johan Sverdrup in Statoil.

The contract to be awarded to Aibel includes engineering, procurement and construction (EPC) of the topside for the second Johan Sverdrup processing platform (P2) which will extend production capacity on the field from 440,000 to 660,000 barrels of oil per day after startup in 2022.

The value of the contract is approximately NOK 8 billion.

The contract to be awarded to the Aker Solutions-Kværner joint venture includes engineering, procurement and construction of a utility module for the riser platform, field centre modifications, and installation and hook-up activities related to the phase 2 development.

Contract value is estimated at NOK 3.4 billion.

An area-wide solution by 2022 for power from shore to the Utsira High area, is an integrated part of the phase 2 development where another power converter will be installed on the new processing platform.


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