Samsung has won a construction contract for Statoil’s flagship Johan Sverdrup project worth NOK7million.
The firm will be responsible for fabricating the process and riser platforms’ decks.
The process platform, which weighs 26,000 tonnes, will ensure stabilisation as oil is processed into rich gas.
The riser platform, which weighs 22,000 tonnes, will serve oil and gas exports and water and gas injection.
Margareth Øvrum, executive vice president for technology, projects and drilling, said: “Johan Sverdrup is a large puzzle in which many suppliers must deliver with precision, quality and on time in order for us to start production towards the end of 2019 and this contract is yet another important milestone for the Johan Sverdrup project. Samsung has extensive experience in manufacturing such installations and we already have a good collaboration with the supplier. They have provided a competitive bid in a tough international competition.”
Samsung will complete the work at its shipyard in South Korea.
To date, Johan Sverdrup’s main contracts have been awarded at a value of more than NOK27billion. More than 45 equipment package contracts at a value of NOK3.5billion have been awarded to suppliers with Norwegian invoice addresses.
This latest contract comes a day after Statoil confirmed work had officially begun to bring the massive development on line.
Øivind Reinertsen, project director of Johan Sverdrup field development, added:”Johan Sverdrup will be of major significance to the whole of society for at least 50 years into the future. We now have in place a broad and strong team in the supplier industry to construct the decks for the four platforms. This provides the most optimal conditions for project delivery in terms of quality, time and cost.”