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March 3, 2015

IKM Ocean Design wins Johan Sverdrup SURF contract in Norway

IKM Ocean Design has won a detail engineering and services contract from Statoil for subsea umbilicals, risers and flowlines (SURF) of the Johan Sverdrup project in the Norwegian North Sea.

By admin-demo

John Sverdrup

IKM Ocean Design has won a detail engineering and services contract from Statoil for subsea umbilicals, risers and flowlines (SURF) of the Johan Sverdrup project in the Norwegian North Sea.

The two-year contract requires IKM to complete detailed design and to follow-on and supervise all pipelines and cables in the field.

Johan Sverdrup field is located in production licences PL265, PL501 and PL502 in the Utsira High region of the Norwegian Continental Shelf, 140km west of Stavanger.

The field, which is expected to cost in the range of Nkr170bn ($22.3bn) to Nkr220bn ($28.8bn), is estimated to hold 1.7 billion to three billion barrels of oil equivalent.

At plateau production, the field will account for an estimated 40% of the total oil production on the Norwegian Continental Shelf. It is expected to start operations in late 2019.

The field will be developed in various phases with several fixed platform installations.

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"IKM Ocean Design has, over the last year, worked actively to develop improved and new cost-effective technical solutions for our clients."

Phase one includes the construction of the field centre, featuring a process platform, drilling platform, riser platform and living quarter platform.

It also includes umbilicals and water injection pipelines running from the field centre to the injection templates in order to provide pressure support.

IKM Ocean Design CEO Peder Hoås said the company has had a long-term objective to continue our involvement in the Johan Sverdrup Field Development.

"IKM Ocean Design has, over the last year, worked actively to develop improved and new cost-effective technical solutions for our clients, and these important improvements have been necessary in order to adapt to the current market situation."

Statoil will operate all phases of the field development and operation. The company’s partners include Lundin Norway, Petoro, Det norske oljeselskap and Maersk Oil.


Image: Johan Sverdrup field is located in production licences PL265, PL501 and PL502 in the Utsira High region of Norwegian Continental Shelf, 140km west of Stavanger. Photo: courtesy of Statoil/IKM Ocean Design.

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