An alliance of Aker Solutions and Subsea 7 has won front-end engineering and design (FEED) work for the NOA Fulla field development in Norway.
The FEED work will begin immediately on the subsea production system, involving 14 subsea trees, four manifolds, wellheads, and nearly 40 miles of umbilicals.
Offshore installation activities would be scheduled for 2025 – 2027 if development goes ahead.
A final investment decision (FID) is expected in 2022 and Aker Solutions said the alliance is “well positioned” for further work if the field moves into development.
Subsea 7 added that any subsequent engineering, procurement, construction and installation deal would only be recognised in its backlog upon FID.
Aker Solutions said such work would be worth between £167m – £251million.
Maria Peralta, executive vice president and head of Aker Solutions’ subsea business, said: “Through the Subsea Alliance, we are early involved in the field development, optimizing design solutions and contributing to a positive final investment decision for the operators.
“We look forward to continuing our alliance with Aker BP and Subsea 7, with a continued strong focus on safe and efficient operations while helping to reduce the carbon footprint.”
The NOAKA area is located between Oseberg and Alvheim in the Norwegian North Sea. The area holds several oil and gas discoveries with gross recoverable resources estimated at more than 500 million barrels of oil equivalent, with further exploration and appraisal potential.
Aker BP and Equinor will jointly develop and operate NOAKA, with LOTOS Exploration and Production as licence partner.
Monica Bjørkmann, vice president for Subsea 7 Norway, said: “This award continues our long-standing collaboration with Aker BP, through the Aker BP Subsea Alliance2. The partnership enables Subsea 7 to engage early in the field development process, optimising design solutions and contributing to the final investment decision.
“We are delighted to continue our alliance with Aker BP for the NOA Fulla development, which is of significant importance for all partners in the Subsea Alliance. Subsea 7 looks forward to working closely with Aker BP to successfully deliver our scope with safety and quality at the forefront throughout.”
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