Kvaerner and KBR are setting up a joint venture to competitively bid on offshore platform topsides contracts for the Johan Sverdrup field development offshore Norway.
The Johan Sverdrup field is one of Norway's largest offshore oil and gas fields, and it is expected that the first development phase will include four offshore platforms for a new field center.
Image: The Johan Sverdrup concept. Image from Statoil.
The alliance combines Kvaerner's expertise and resources as a turn-key contractor for offshore platforms with KBR's competence as an international offshore oil and gas contractor.
Kvaerner already has a letter of intent for the Johan Sverdrup steel jackets, under a frame agreement with operator Statoil.
Stuart Bradie, KBR President and Chief Executive Officer. "By combining our capabilities in this new joint venture, we can offer world-class project execution and delivery."
The Johan Sverdrup oil field is in production licenses 265, 501 and 502, in the Utsira High in the North Sea, 140km west of Stavanger.
The water depth is 110m, and the reservoir is 1900m deep. The plan for development and operation (PDO) is expected to be dealt with by the Storting in the spring session of 2015. Production start-up is scheduled for late 2019, and the field has a production horizon of 50 years.
It was decided early in 2013, as part of the design basis, that the field would be developed in phases. The first phase involves the establishment of a field centre consisting of four platforms.
It is recommended that the oil is piped from the Mongstad terminal in Hordaland and that the gas is pied to Statpipe and then on to the Kårstø processing plant in North Rogaland.
The field will be operated using land-based power.
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