Reports related to this article:
Project(s): View 4 related projects in PECWeb
Plant(s): View 2 related plants in PECWeb
Released January 16, 2019 | GALWAY, IRELAND
en
GALWAY, IRELAND--January 16, 2019--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--The processing platform for Norway's major Johan Sverdrup oil and gas field has set sail from South Korea onboard Boskalis Vanguard, the world's largest heavy-transport vessel.
It is the second platform for the project, after the riser platform, which was completed last February. Aker Solutions ASA (OSE:AKSO) (Fornebu, Norway) has overseen the engineering and procurement management for the two topsides, while Samsung Heavy Industries has been responsible for construction of the riser platform and now the processing platform for the Johan Sverdrup field. The production platform measures 136 metres long, 69 metres wide and 72 metres high, and weighs in at 28,100 tonnes. Project owner Equinor (NYSE:EQNR) (Stavanger, Norway) said that the processing platform is leaving the Samsung's yard "on time, below budget and with no serious incidents."
Johan Sverdrup is the biggest development on the Norwegian Shelf in almost 40 years. In September, Industrial Info reported that Equinor had submitted its plan for development and operation (PDO) for Johan Sverdrup Phase 2 to the Norwegian Ministry of Petroleum and Energy with a reduced total cost of investment and higher-than-expected yields. It will cost 41 billion Norwegian kroner (NOK) ($4.9 billion) and will have an improved break-even price of less that $25 per barrel. The resource estimate for the entire Johan Sverdrup field has been raised from 2.1 billion to 3.1 billion barrels of oil equivalent to 2.2 billion to 3.2 billion barrels, with an expected estimate of 2.7 billion barrels. Johan Sverdrup's full-field production is estimated to reach 660,000 barrels per day (BBL/d) at plateau, with a break-even of less than $20 per barrel, and with CO2 emissions of 0.67 kilograms per barrel. For additional information, see September 5, 2018, article - Equinor Submits $5 Billion Plan for Johan Sverdrup Oil Field.
"The Johan Sverdrup project has been on a formidable improvement journey the last few years, mostly thanks to high quality in the execution phase," said Trond Bokn, senior vice president for the Johan Sverdrup development. "This has also been a defining characteristic of the delivery of the processing topside currently en route from South Korea to Norway. In cooperation with Aker Solutions, Samsung has delivered another high-quality topside for Johan Sverdrup according to plan and without serious incidents. Such deliveries are imperative to ensure a safe start-up of Johan Sverdrup in November 2019."
The processing platform was constructed as a complete topside, with construction completed last May before more than six months of "countless tests" Equinor said.
Jill Sale, project manager for the processing platform and responsible for the Johan Sverdrup project in South Korea, commented: "Having built this as a complete topside gave us a unique opportunity to test a lot of systems that we normally wouldn't have been able to test prior to installation offshore. This has given us a better picture of the quality of the work undertaken and helps safeguard the plan towards startup of the field next year."
In October, Equinor completed a 200-kilometre (km) power-from-shore project for the Johan Sverdrup field. The power-from-shore solution will provide Johan Sverdrup field with electricity for more than 50 years, and the company claimed, that compared to using fossil fuels, will cut offshore noise and improve the working conditions for the 900 workers stationed there. For additional information, see October 17, 2018, article - Equinor's Giant Johan Sverdrup Field Powered from Shore.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Our European headquarters are located in Galway, Ireland. Follow IIR Europe on: Facebook - Twitter - LinkedIn For more information on our European coverage send inquiries to info@industrialinfo.eu or visit us online at Industrial Info Europe.
It is the second platform for the project, after the riser platform, which was completed last February. Aker Solutions ASA (OSE:AKSO) (Fornebu, Norway) has overseen the engineering and procurement management for the two topsides, while Samsung Heavy Industries has been responsible for construction of the riser platform and now the processing platform for the Johan Sverdrup field. The production platform measures 136 metres long, 69 metres wide and 72 metres high, and weighs in at 28,100 tonnes. Project owner Equinor (NYSE:EQNR) (Stavanger, Norway) said that the processing platform is leaving the Samsung's yard "on time, below budget and with no serious incidents."
Johan Sverdrup is the biggest development on the Norwegian Shelf in almost 40 years. In September, Industrial Info reported that Equinor had submitted its plan for development and operation (PDO) for Johan Sverdrup Phase 2 to the Norwegian Ministry of Petroleum and Energy with a reduced total cost of investment and higher-than-expected yields. It will cost 41 billion Norwegian kroner (NOK) ($4.9 billion) and will have an improved break-even price of less that $25 per barrel. The resource estimate for the entire Johan Sverdrup field has been raised from 2.1 billion to 3.1 billion barrels of oil equivalent to 2.2 billion to 3.2 billion barrels, with an expected estimate of 2.7 billion barrels. Johan Sverdrup's full-field production is estimated to reach 660,000 barrels per day (BBL/d) at plateau, with a break-even of less than $20 per barrel, and with CO2 emissions of 0.67 kilograms per barrel. For additional information, see September 5, 2018, article - Equinor Submits $5 Billion Plan for Johan Sverdrup Oil Field.
"The Johan Sverdrup project has been on a formidable improvement journey the last few years, mostly thanks to high quality in the execution phase," said Trond Bokn, senior vice president for the Johan Sverdrup development. "This has also been a defining characteristic of the delivery of the processing topside currently en route from South Korea to Norway. In cooperation with Aker Solutions, Samsung has delivered another high-quality topside for Johan Sverdrup according to plan and without serious incidents. Such deliveries are imperative to ensure a safe start-up of Johan Sverdrup in November 2019."
The processing platform was constructed as a complete topside, with construction completed last May before more than six months of "countless tests" Equinor said.
Jill Sale, project manager for the processing platform and responsible for the Johan Sverdrup project in South Korea, commented: "Having built this as a complete topside gave us a unique opportunity to test a lot of systems that we normally wouldn't have been able to test prior to installation offshore. This has given us a better picture of the quality of the work undertaken and helps safeguard the plan towards startup of the field next year."
In October, Equinor completed a 200-kilometre (km) power-from-shore project for the Johan Sverdrup field. The power-from-shore solution will provide Johan Sverdrup field with electricity for more than 50 years, and the company claimed, that compared to using fossil fuels, will cut offshore noise and improve the working conditions for the 900 workers stationed there. For additional information, see October 17, 2018, article - Equinor's Giant Johan Sverdrup Field Powered from Shore.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Our European headquarters are located in Galway, Ireland. Follow IIR Europe on: Facebook - Twitter - LinkedIn For more information on our European coverage send inquiries to info@industrialinfo.eu or visit us online at Industrial Info Europe.
