Statoil will sign a contract with Aibel for work on the Johan Sverdrup field worth NOK 8 billion.
The agreement includes engineering work, procurement and construction (EPC) on the drilling platform deck.
The platform deck will be built at the Aibel’s yard in Thailand and Haugesand and at Nymo’s yard in Grimstad.
Arne Sigve Nylund, executive vice president of development and production Norway said: “The Johan Sverdrup field is one of the biggest discoveries on the Norwegian continental shelf that will, for its entire lifetime, be a pillar for Norwegian industry and value creation for the Norwegian society.
“On behalf of the partnership we are looking forward to a close cooperation with Aibel in order to ensure a safe and efficient delivery of this project.”
Statoil said the assembly and mechanical completion of the deck will be carried out at Aibel’s yard in Haugesund with delivery in 2018.
Installation on the field is planned for the same year.
The first phase development of Johan Sverdrup involves four installations including riser and process platform and three seabed templates for water injection.
Investment costs for full field development are estimated to be in the region of NOK 170-220 billion (2015 value) with recoverable resources of between 1.7 and 3.0 billion barrels oil equivalent.
The company said the ambition is a recovery of 70% and at plateau production the field will account for roughly 40% of the total oil production on the Norwegian continental shelf.
Start-up is planned for late 2019.
The Johan Sverdrup partnership consists of Statoil, Lundin Norway, Petoro, Det norske oljeselskap and Maersk Oil.
The partnership has recommended Statoil as operator for all the field’s phases.
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