On behalf of the Johan Sverdrup license, Statoil has awarded contracts for two Johan Sverdrup jackets to Kvaerner Verdal and Dragados Offshore S.A., the company said in a news release.

The contract awarded to Kvaerner Verdal has a value of about NOK 1 billion (US$122 million) and covers engineering, fabrication and construction of the steel jacket for the Johan Sverdrup processing platform. Weighing 17,700 tonnes, the jacket will be constructed at the yard in Verdal and installed on the Johan Sverdrup Field in the summer of 2018, the release said.

“This is the third delivery based on the letter of intent signed by Statoil and Kvaerner for delivery of jackets. This means that Kvaerner will deliver three of four jackets for the first phase of the Johan Sverdrup development,” said Kjetel Digre, senior vice president for the Johan Sverdrup development project.

The contract awarded to Dragados Offshore S.A. covers engineering, fabrication and construction of the steel jacket for the Johan Sverdrup utility and accommodation platform. Weighing 7,600 tonnes, the jacket will be constructed at the yard in Cadiz, the release said. Field installation is scheduled for the summer of 2018.

The investment costs in the first phase of the Johan Sverdrup development are estimated at about NOK 117 billion ($14 billion) with expected recoverable resources in the range of 1.4 to 2.4 billion barrels of oil equivalent, Statoil said in the release. The ambition is a recovery rate of 70% for Johan Sverdrup.

The first phase of the Johan Sverdrup field development will consist of four installations, including a utility and accommodation platform, a processing platform, a drilling platform and a riser platform, as well as three subsea water injection templates. The platforms will be bridge-linked, the release said.

The Johan Sverdrup field partners are operator Statoil, 40.0267%; Lundin Norway, 22.6%; Petoro, 17.36%; Det norske oljeselskap, 11.5733% and Maersk Oil, 8.44%.​​​

Offshore