Barents Sea Oil Terminal: Development Concept Chosen

Press Release
Tuesday, February 12, 2013
Oil Terminal at Veidnes: Illustration courtesty of Statoil

Statoil and its partners have chosen a development concept for the Skrugard field in the Barents Sea.

The concept includes a floating production unit with a pipeline to shore and a terminal for oil from the Skrugard field at Veidnes outside Honningsvåg in Finnmark. The field is scheduled to come on stream in 2018.

"The decision to bring Skrugard oil ashore at Veidnes is a key element of the further development of Norwegian oil and gas industry. This may spark off a new industrial era. This concept choice will facilitate further exploration and help make any future discoveries profitable," says Øystein Michelsen, Statoil's executive vice president for Development and Production Norway (DPN).

The Skrugard and Havis assets will have a common infrastructure. Production from Skrugard and Havis will be tied in to a semi-submersible floating installation through a subsea production system located in about 380 metres of water. The production is estimated at almost 200,000 barrels of oil equivalent per day.

The oil will be transported through a 280-kilometre pipeline from Skrugard to Veidnes outside Honningsvåg. It will be piped directly to an oil storage facility and stored in two mountain caverns. The oil will be sent from there in a pipeline to the quay for transportation by tankers. Some 50-100 crude tankers per year are estimated to call at the terminal.

"This is part of the ambition of making Northern Norway the country's next big petroleum region. We are pleased to have selected a good concept and hope that this may form the basis for a valuable partnership with local authorities and industry also in the future," Michelsen says.

 

Maritime Reporter July 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Technology

Editorial: software ... is it ‘evolution’ or ‘revolution’ ...

The August “Shipbuilding Annual” is one of my favorites to research and produce every year, but even more so when this edition coincides with the SMM exhibition in Hamburg,

WR Launches On-stack Scrubber Emission Monitor

WR Systems (WR), the U.S.-based maritime technology company, is launching a new variant of its laser-based-emissions monitor at the SMM 2014 Fair in Hamburg. Called the Emsys-iS,

Report: Ports Lack Maintenance Support

The latest Barometer Report from Trelleborg has revealed a huge gap in the maintenance requirements of port owners and operators, and the support that suppliers are able to provide.

Offshore

ABS to Class First Self-elevating Unit Built in Qatar

ABS, a provider of classification services to the global offshore industry, was selected by Nakilat-Keppel Offshore & Marine (N-KOM) to class its LB310S liftboat,

Industry Partnership to Enhance BOP Maintenance

The maintenance of blowout preventers (BOPs) has significant financial, logistical and safety implications for drilling operators and rig owners. DNV GL has now

Transnet National Ports Authority Orders 9 Voith Water Tractors

In South Africa’s largest local shipbuilding contract Transnet National Ports Authority has ordered nine new Voith Water Tractors (VWT) for use in several ports across the country.

Ports

Panama Canal: The Billion Dollar Challenge

Panama Canal expansion will cost operators, insurers As the Panama Canal prepares to celebrate its 100th anniversary, insurers are warning of the increased risks

Legislation Signed for Ports Upgrades

Today, Governor Brown signed AB 2395 Legislation. The bill was co-authored by Bonnie Lowenthal chair of the Assembly Transportation Committee and the Select Committee

Report: Ports Lack Maintenance Support

The latest Barometer Report from Trelleborg has revealed a huge gap in the maintenance requirements of port owners and operators, and the support that suppliers are able to provide.

Offshore Energy

SBI Offshore Negotiating Contract for Rig Builds

SBI Offshore Limited has announced that the Middle East-Chinese consortium, which recently awarded its subsidiary a contract to provide design and engineering services for a jack-up drilling rig,

Brazilian PSVs Get Rolls-Royce Offshore Cranes

Rolls-Royce signed a contract with Detroit Chile SA to supply offshore cranes to nine Platform Supply Vessels (PSVs) presently under construction at Detroit Brasil Ltda.

Industry Partnership to Enhance BOP Maintenance

The maintenance of blowout preventers (BOPs) has significant financial, logistical and safety implications for drilling operators and rig owners. DNV GL has now

Underwater Engineering

Seadrill's Q2 2014 Revenue Holds Nearly Steady

Revenues for the second quarter of 2014 were US$1,222 million compared to US$1,221 million in the first quarter of 2014, according to the company's financial report.

Rock On: UK's Kent Beach Flood Defence Starts

Rocks are being delivered as work by Van Oord starts on the £30m scheme to protect 1,400 properties at Broomhill Sands Coastal Defence Scheme in Kent, informs UK's Environment Agency.

Wood Group Kenny Wins 2 Contracts from Petrobras

Wood Group Kenny (WGK) has won two contracts with a total value of over $2 million with Brazilian operator Petrobras. In the first, WGK has begun a conceptual

 
 
Maritime Careers / Shipboard Positions Maritime Standards Naval Architecture Offshore Oil Pipelines Pod Propulsion Port Authority Ship Electronics Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2996 sec (3 req/sec)