Energy service firm Aker Solutions said today it had won a near-£25million contract to carry out work on a subsea production system for Statoil’s Vilje South project on the Norwegian continental shelf.
The engineering, procurement and construction project will extend a system Aker delivered to the Vilje field in 2006.
Aker’s work will be managed from Oslo, Norway, with manufacturing in Tranby, Moss and Egersund in Norway as well as in Aberdeen.
The contract follows an announcement by Statoil that, with its partners, it had made its investment decision to develop Vilje South, an extension of the main field included in its original plan for development and operation.
The development comprises a standard subsea template with a single well, tied back for processing to Marathon’s existing Alvheim field via a 19-kilometre flowline and umbilicals.
Drilling work is planned in two stages, starting in the spring of 2013 with completion that same autumn. The ambition is to bring the project on stream in late 2013.
Recoverable reserves in Vilje South are estimated at 7.6million barrels of oil equivalent, mainly in the form of crude.
Net oil production from the Vilje South well in 2014 is expected to be about 5,000 barrels per day, with total investment in money of the day put at £121million.
“This is our sixth fast-track investment decision in 2011,” says Halfdan Knudsen, head of such projects in Statoil’s field development business cluster for Norway.
“That leaves only one more of these projects due to be decided upon before the end of the year, namely Visund North.”
Marathon Petroleum Norge is a 49.9% equity holder, Statoil (operator) 28.5% and Total E&P Norge 24.24%.