Vår Energi Picks Aker Solutions for Jotun FPSO FEED Study

Aker Solutions has been awarded a front end engineering and design (FEED) contract by Vår Energi for the lifetime extension of the Jotun FPSO towards 2045 as part of the redevelopment of the Balder and Ringhorne area in the North Sea.

In total, about 20 billion NOK will be invested in the redevelopment of the area, which includes the first NCS license area, PL 001 from 1965.

Part of the redevelopment, is the Balder X Project.

The main objective of the FEED study is to detail the scope of work required to extend the life of the Jotun floating production storage and offloading (FPSO) vessel in the North Sea.

The FEED contract has an estimated value of more than 100 million NOK, Vår Energi said.

In addition, several other key contracts are planned in the Balder X Project, such as engineering procurement construction and installation (EPCI) for the Jotun FPSO, subsea production system (SPS), and subsea umbilical, risers and flowline (SURF).

The contracts are expected to be tendered and awarded in the first half of 2019.

The Jotun FPSO will be disconnected from its present location offshore, brought to shore for a scheduled one year yard-stay. After the yard-stay, the Jotun FPSO will be reinstalled in the Balder field, with planned start-up in 2021. These activities will take place while ordinary production is continuing at the Balder and Ringhorne fields.

Share this article

Follow Subsea World News

Events>

<< May 2019 >>
MTWTFSS
29 30 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31 1 2

OCEANS 2019

OCEANS is the bi-annual event for global marine technologists, engineers, students…

read more >

FPSO Brazil Congress 2019

Charging ahead with 24 planned orders by 2022, Brazil has once again solidified its status as one of the world’s foremost oil and gas leaders…

read more >

OWI WA 2019

West Africa’s only dedicated Offshore Well Intervention Conference is returning for its second year…

read more >

Global Petroleum Show (GPS)

The Global Petroleum Show Conference is a comprehensive three-day program where…

read more >