Statoil considers further platform for Johan Sverdrup field
Statoil plans to build another platform on the Johan Sverdrup field, according to reports.
Johan Sverdrup
Statoil awards string of contracts, totalling NOK1.6billion
Statoil has awarded a string of major contracts for its Oseberg Vestflanken 2, Johan Sverdrup and Gina Krog developments.
Lundin secures $5billion finance deal
Lundin Petroleum agreed a seven-year $5billion revolving credit facility with lenders that will support its interest in the giant Johan Sverdrup project.
How sub-$30 crude can be a boon for Norway’s giant oilfield
Given a choice, Statoil ASA and the other owners of the giant Johan Sverdrup oilfield would have preferred to avoid the collapse of crude prices that has upended the industry.
Statoil to cut development costs on Johan Sverdrup field
Norwegian operator Statoil will cut the development costs at the Johan Sverdrup field. The company’s partner,Det Norske Oljeselskap, said the move was being made as low oil prices continue.
Statoil decision on Johan Sverdrup to wait until 2016
Statoil and its partners are to spend more time on improving the concept for the start-up of the second phase of the Johan Sverdrup field. The company said the planned production timing is still planned for 2022.
Video: explosive start to Statoil’s Johan Sverdrup power project
Work on Statoil's Johan Sverdrup power-from-shore project got off to an explosive start when the mayor of the local municipality marked the beginning of the construction phase.
Statoil awards $178million contract for Johan Sverdrup
Statoil has awarded Jacktel a $178million contract for Johan Sverdrup's accommodation rig.
Proserv wins £1.6million contract for Johan Sverdrup platform
Proserv has won a contract worth £1.6million to provide topside control equipment on Statoil’s Johan Sverdrup drilling platform. The company said the agreement will see it supplying Aibel with an hydraulic power unit (HPU) and three chemical injection plants to be used on the field. Proserv said it plans to make most of its international network with staff in Norway working in collaboration with their Dubai colleagues.
Statoil awards Johan Sverdrup contract to Aibel
Statoil has awarded the NOK600million ($74.5million) contract for construction of the converter station at Haugsneset to the field to Norwegian firm Aibel.
Statoil awards Johan Sverdrup jacket contracts
Statoil has awarded its two Johan Sverdrup jackets to Kvaerner Verdal and Dragados Offshore.
Statoil cuts Johan Sverdrup costs by 7%
Statoil has reduced the initial costs of developing the Johan Sverdrup oilfield in the North Sea by seven percent. The company has cut its estimate for the first phase of the development to 114 billion crowns ($13.42 billion) from 123 billion in nominal terms, its partner Det norske said in a statement. A spokesman said: “The updated estimate is showing reduced capital expenditures as a result of positive market response in contracts and purchase orders."
FMC Technologies lands Statoil subsea deal for Johan Sverdrup
Subsea equipment specialist FMC Technologies has been awarded a NOK1.3billion ($161million) contract by Statoil for the Johan Sverdrup project in the North Sea.
Statoil awards hot-tap contract on Johan Sverdrup
Statoil has awarded an engineering, procurement and construction (EPC) contract to IKM Ocean Design for the Johan Sverdrup project.
Kvaerner wins Johan Sverdrup contract
Statoil has awarded Kvaerner Verdal a contract win for the delivery of the steel jacket for the Johan Sverdrup drilling platform. It comes after the companies signed a letter of intent which focused on the importance of cooperation based around further standardisation and simplification of work. Weighing 22,500 tonnes, the drilling platform jacket will be the second largest of the jackets to be constructed during the first phase of the Johan Sverdrup project.
Statoil’s Johan Sverdrup – The industry’s 200metre miss
Early oil and gas explorers missed discovering the mammoth Johan Sverdrup oil find by just 200metres.
Autronica wins fire and gas detection systems contract with Statoil
Fire and security specialist Autronica will provide Statoil with equipment for its offshore operations in the Johan Sverdrup oil field in the North Sea.
Statoil gets green light for Johan Sverdrup
Statoil's plans for the first development phase of the massive Johan Sverdrup field have been approved by the Norwegian government.
The first building block completed on the Johan Sverdrup field
The first piece of the Johan Sverdrup development has now been completed and installed in the North Sea. Statoil said the installation of the 280-tonne pre-drilling template was carried out by Heerema Marine Contractor’s crane vessel ‘Thialf’. Kjetel Digre, head of the Johan Sverdrup field development, said: “We have completed and installed the first piece of one of the largest industrial projects in Europe.
Det Norske appeals Johan Sverdrup plan
Norwegian oil firm Det Norske said it will appeal a government decision to give it a smaller stake in the Johan Sverdrup oilfield than it had been seeking. The company revealed their plans as it reported lower than expected second quarter earnings for 2015. Det Norske believes it should have been given a larger share than the percentage proposed by operator Statoil of 11.89%.
Baker Hughes Norway wins £119million Johan Sverdrup contract
Statoil has awarded Baker Hughes Norway a £119million (NOK1.5billion) contract for its Johan Sverdrup development.
Norway baffles analysts by giving away 15 million barrels of oil
No one can accuse the Norwegian government of being greedy when it last week decided on the ownership stakes in the giant Johan Sverdrup oil discovery. After months of deliberation, the Petroleum and Energy Ministry’s decision meant it took away as much as 15 million barrels of oil from Petoro AS, the state-owned oil company. The other loser was Det Norske Oljeselskap ASA, which forced the government to arbiter after disagreeing with the field’s other partners. They include Statoil ASA, Lundin Petroleum AB and A.P. Moeller-Maersk A/S. The move to cut Det Norske’s stake, and in the process its own, was surprising since it could have approved the initial deal, said Kjetil Bakken, an analyst at Carnegie ASA. “That’s a bit odd,” he said in an interview Friday. “You could wonder if there’s an element of retribution here, or at least a very strong signal to the entire industry to please refrain from bringing this sort of dispute to the ministry.”
Norway cuts Det norske’s stake in Sverdrup field in North Sea
The Norwegian government has modified an original proposal on how to divide up stakes in the Johan Sverdrup field in the North Sea, giving Det norske a smaller stake than originally proposed, it said on Thursday. Sverdrup, Europe's costliest offshore energy project, contains up to 3 billion barrels of oil equivalent (boe) and could operate for 50 years. It is forecast to start production by the end of 2019. Four out of five shareholders, including operator Statoil, agreed in February on how to divide up the project, but Det norske disputed the agreement, asking for a government review.
Statoil awards Johan Sverdrup contract to Samsung
Samsung has won a construction contract for Statoil’s flagship Johan Sverdrup project worth NOK7million.
Statoil starts construction on flagship Johan Sverdrup
Construction for Statoil’s flagship Johan Sverdrup project has officially begun. Today, Kværner metal worker Stian Myrvold Green flipped the switch on the machine tasked with cutting steel for the riser platform jacket.