Total E&P Norge AS has awarded Kvaerner an EPSC-contract (Engineering, Procurement, Supply and Construction) of close to NOK 1.2 billion for delivery of a steel jacket to be located at the Hild Field offshore the Norwegian North Sea.
“We are very pleased to have won our second jacket this year in tough international competition. This is in line with our strategy, and demonstrates our strong position in the jacket EPC market, says Nina Udnes Tronstad, Executive Vice President in Kvaerner responsible for the jacket business.
The contract will be executed by Kvaerner’s yard in Verdal, and includes engineering, procurement, supply, construction, load-out and sea-fastening of the jacket and associated piles. The jacket (16,500 tonnes) and piles will have a total weight of approximately 21,400 tons.
Detailed engineering starts immediately, while fabrication in Verdal will commence in fourth quarter 2012. The project will reach its peak manpower of more than 400 persons in third quarter 2013. The Hild jacket will be delivered in the spring of 2014, and becomes number 42 in the series of jackets delivered by Kvaerner since 1975.
Kvaerner’s yard in Verdal is one of the few yards in Europe specialising in EPC jacket deliveries, with altogether five oil and gas jackets currently in execution for ConocoPhillips in Norway, BP in UK and and the recently awarded Luno jacket for Lundin Norway AS, in addition to 49 jackets for the offshore wind farm project Nordsee Ost for RWE Innogy in Germany.
About the Hild Field:
The stand-alone development, in a water depth of 115 meters, accesses separate gas/condensate and oil reservoirs. It includes the installation of an integrated wellhead, production and accommodation platform. Processed gas will be exported to St Fergus in the UK via a new link to the existing Frigg UK Pipeline (FUKA). Liquids will be sent to a dedicated storage vessel where water is separated for reinjection, and oil will be exported via shuttle tankers.
“The Hild field development is an important milestone for Total in Norway, made possible thanks to significant technological progress. Innovation has opened up new opportunities for Total offshore Norway, where we will continue to invest annually an average of US$2 billion within the next five years. Norway will remain in the coming years as one of the largest contributors to Group production” said Patrice de ViviÃ¨s, Senior Vice President Northern Europe, Exploration-Production.
Total holds a 51 % interest together with its partners Petoro (30 %) and Statoil (19 %). Hild’s reserves amount to approximately 190 million barrels of oil equivalent (boe). Production is expected to start end of 2016 and will reach 100,000 boe per day at peak.
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