Two hours after the Valemon topsides were lifted off the transport vessel, the structure landed on its feet. (Photo: André Osmundsen/Statoil)
40 days after leaving Samsung Heavy Industries, the 9,750-ton topsides structure for the Valemon platform offshore Norway was suspended in the air below the giant cranes on board the Saipem 7000 heavy lift crane vessel.
Statoil notes this is the first topsides ever built for them in South Korea.
“This is a major milestone for the project, the most important milestone of course being start-up towards the end of the year,” says Bjørn Laastad, vice president for Valemon field development.
The Valemon topsides landed on the jacket just before 13.00. (Photo: André Osmundsen/Statoil)
The lift took two hours to complete thanks to “almost perfect lifting conditions,” according to Viktor Nilsen-Nygaard, head of Valemon transportation and installation.
The Valemon field is a gas and condensate field in the North Sea, between Kvitebjørn and Gullfaks South. It is located approximately 160 kilometers west of Bergen with estimated recoverable reserves of 192 million barrels of oil equivalent.
According to Statoil, three wells will be producing when the field comes on stream at the end of the year, however production drilling will continue into 2017.
The platform will be powered via a high voltage cable to shore and the hydrocarbons will be produced via existing pipelines dedicated for gas and condensate, respectively.
India’s largest oil refiner has snapped up millions of barrels of crude from the US and UAE, with the South Asian nation facing mounting pressure from US and Europe over its purchases from Russia.
U.S. President Donald Trump imposed steep tariffs on exports from dozens of trading partners, including Canada, Brazil, India and Taiwan, ahead of a Friday trade deal deadline, pressing ahead with plans to reorder the global economy.
By Eamon Akil Farhat and William Mathis (Bloomberg) — The Scottish government has given SSE Plc consent to build what would be the world’s biggest offshore wind farm. The Berwick Bank wind...
July 31, 2025
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