Oil Platform Hook-up, Commissioning Contract for Kvaerner
ConocoPhillips confirms options in the Eldfisk 2/7 S topside contract for Kvaerner (KVAER.OL) to perform offshore hook-up & commissioning assistance.
In March 2011, Kvaerner was awarded a contract by ConocoPhillips (COP) to perform engineering, procurement and construction (EPC) of the topside for the Eldfisk 2/7 S platform in the North Sea, with an estimated contract value of NOK 5.5 billion. ConocoPhillips has now confirmed options in the contract to perform offshore hook-up and commissioning assistance, which will add approximately NOK 400 million to the contract value.
The topside consists of one combined living quarter and utility module and a combined process and wellhead module, with a total weight of 15,500 tons. In addition, the contract includes the fabrication of two bridges, one bridge support module and a flare.
The offshore activities are planned to take place in 2013 for hook-up of the bridges and in the second half of 2014 for the topside modules.
The Eldfisk field is located in the Greater Ekofisk Area and has been in production since 1979. Contract partner for the work is Kvaerner's subsidiary, Kvaerner Stord AS.