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October 31, 2018

Bilfinger gets follow-up contract for Johan Sverdrup project

Bilfinger has secured a follow-up contract for the Johan Sverdrup oil field project in the North Sea from its contract partner, Norwegian oil services company Aibel.

Bilfinger has secured a follow-up contract for the Johan Sverdrup oil field project in the North Sea from its contract partner, Norwegian oil services company Aibel.

Under the terms of the contract, Bilfinger will deliver offshore hook-up works, installation, and completion of the drilling and process platform, as well as bridges connecting the various offshore installations of the field complex.

Operated by Equinor, the Johan Sverdrup field is estimated to hold between 2.1 and 3.1 billion barrels of oil.

Earlier this month, Equinor opened a power-from-shore solution that is expected to deliver electricity to the field for more than 50 years.

“The contract for the flare tip change-out bears witness to our successful growth and the development of our capabilities as regards rope access.”

Full-field peak production is expected to be 660,000 barrels of oil per day.

In August, Equinor awarded a new contract to Aibel for hook-up works of the process platform (P1) and bridge UB002 from the process platform to the living quarter (LQ) at the Johan Sverdrup field.

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Bilfinger expects to hire more than 150 workers next year for the contract work. The contracts will be tied in with the first phase of the Johan Sverdrup project. The overall contract value is around €15m.

In addition, the company has been contracted to exchange the flare tip on the Riser Platform. The contract scope includes the development of the concept and methods, as well as the execution of the work by industrial climbers.

Bilfinger CEO Tom Blades said: “We deliver extensive offshore campaigns observing the highest safety, efficiency and quality standards. The contract for the flare tip change-out bears witness to our successful growth and the development of our capabilities as regards rope access.

“And they are further proof that we are on the right track with our Bilfinger 2020 Strategy.”

The company specialises in insulation, scaffolding, and surface treatment. It employs around 1,000 people delivering maintenance and operations services to facilities on the Norwegian continental shelf.

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