Statoil Gets Final Go-Ahead for Giant Johan Sverdrup Field Offshore Norway

Johan Sverdrup rendering. Photo: Statoil

  OSLO, Aug 21 (Reuters) - Operator Statoil and its partners have been given the formal approval to develop the first phase of their giant Johan Sverdrup oil field off the coast of Norway, the country's energy ministry said on Friday. The largest field found in the North Sea in three decades could hold as much as 2.9 billion barrels of oil and has an estimated cost … [Read more...]

Steel Jacket for Statoil’s Mariner A Platform Heads for UK North Sea

Photo: Statoil

The 22,400 ton steel jacket for the Statoil-operated Mariner A platform on the UK Continental Shelf (UKCS) left the Spanish Dragados yard on Monday and is now on its way to the North Sea. At 134 meters high and with a footprint of 88 x 62 meters, the structure is the largest steel jacket ever built for a Statoil project. Statoil says the load-out from the Dragados yard in … [Read more...]

Statoil Suspends Another Rig Contract

Scarabeo 5. Photo: Statoil

Norwegian oil major Statoil has decided to suspend its contract for the semi-submersible drilling Scarabeo 5 due to overcapacity in its rig portfolio.  The suspension will take effect once Scarabeo 5 has completed drilling of a well on the Kristin field in the middle of August, and will last until 1 March 2016. “We regret the need to suspend Scarabeo 5, but we will … [Read more...]

Samsung Heavy Wins Johan Sverdrup Contracts

Johan Sverdrup rendering. Photo: Statoil

  South Korean shipbuilder Samsung Heavy Industries has been awarded an NOK 7 billion (US$890 million) contract from Statoil for the construction of the process and riser platforms for the Johan Sverdrup development project offshore Norway. The contract calls for the fabrication of the decks for both the processing platform and riser platform - two of of four … [Read more...]

Steel Cut for Johan Sverdrup, Norway’s Biggest Project

Johan Sverdrup rendering. Photo: Statoil

  Construction has begun on the first structure for the biggest and most expensive industrial project in Norway for decades to come - the development of the giant Johan Sverdrup offshore oil field. Statoil announced Monday that the first piece steel for the riser platform jacket was cut at the Kvaerner Verdal yard in Norway on June 29, marking the official start of … [Read more...]

Statoil Cancels Contract for COSL Pioneer

COSL Pioneer. Photo: COSL Drilling Europe

  Norwegian oil major Statoil says it has terminated its contract with the COSL Pioneer semi-submersible drilling rig some 13 months before the expiry date. In a statement, Statoil said COSL Pioneer has been suspended since 8 October 2014 and Statoil has not managed to find alternative activity for the rig. Statoil said in September that the COSL Pioneer would be … [Read more...]

Odfjell Drilling Wins Johan Sverdrup Drilling Contracts

Deepsea Atlantic. File Photo: Odjfell Drilling

OSLO, June 15 (Reuters) - Norwegian oil major Statoil has awarded rig firm Odfjell Drilling contracts worth up to $1.04 billion for work on the giant Johan Sverdrup field in the North Sea, Odfjell said on Monday. The Deepsea Atlantic drilling rig has won a three year contract worth $330 million for drilling production wells, with additional options to extend the work by up … [Read more...]