The large Norwegian offshore oifield, Johan Sverdrup, has just been approved for phase 2 of its development by Statoil and its partners.
Johan Sverdrup is one of the largest oilfields on the Norwegian continental shelf located in an area known as the Utsira High and is estimated to hold a resource of approximately 2 – 3 billion barrels of oil equivalent. Upon completion of Phase 1 – which is still ongoing – the field could be producing first oil in late 2019.
Phase 2 of the project will see the addition of a fifth processing platform, the development of Avaldsnes, Kvitsoy and Geitungen satellite areas, as well as 28 new wells and the establishment of a power solution from shore to supply energy to the Utsira High area by 2022.
It is estimated that Johan Sverdrup will have a lifespan of 50 years once production is underway, with 550,000 – 650,000 barrels per day at its peak.
MTE was appointed by Statoil in 2016 for the design, manufacture and supply of fire and blastwalls, heatshields, wind walls, blast relief panels and windows to the field’s drilling, process and riser platforms on a five year framework agreement. We are delighted to see that the plans for phase 2 are going to come in to fruition.
To learn more, visit here: https://www.statoil.com/en/news/proceeding-with-Johan-Sverdrup-development.html