Oil Platform Hook-up, Commissioning Contract for Kvaerner

Press Release
Friday, September 7, 2012

Norway's Kværner ASA contracted to perform Edvard Grieg field (in the North Sea) offshore hook-up and commissioning assistance.

Lundin Norway AS has confirmed an option in the Edvard Grieg topside contract for Kvaerner to perform the offshore hook-up and commissioning assistance. Estimated value is NOK 525 million.

Kvaerner was in May awarded a contract by Lundin Norway AS to perform engineering, procurement and construction (EPC) of the topside for the Edvard Grieg platform, with an estimated contract value of NOK 8 billion. Lundin Norway AS has now confirmed an option in the contract to perform offshore hook-up and commissioning assistance, which will add approximately NOK 525 million to the contract value.

The topside has a total weight of 21 000 tonnes and consists of a main topside module, a combined living quarter and utility module, a process module and a flare tower. Final delivery is set to April 2015.

The Edvard Grieg field's first production is expected in late 2015, with a forecast gross peak production of approximately 90,000 barrels of oil per day (bopd). The oil will be processed and transported in a new pipeline to the Grane area and further via the Grane oil pipeline to the Sture terminal for offloading.

 

Categories: Contracts Energy Offshore

Related Stories

CMA CGM Vessels Navigate the Suez Canal, Hinting at Easing Tensions

International Flag-State Association Looks to Advancing Role in Policymaking

The Northwest Seaport Alliance Retires Two Legacy Cranes from Terminal 7

Current News

CMA CGM Vessels Navigate the Suez Canal, Hinting at Easing Tensions

Oil Loading in Venezuela Crawls After New US Interceptions

FMC Investigates Spain’s Restrictive Port Practices

Baku Port Handles 37% More Containers in 2025

Subscribe for Maritime Logistics Professional E‑News