Fossekall/Dompap contract to Subsea 7

Press Release
Friday, May 06, 2011

Statoil has awarded Subsea 7 a contract for marine installations and pipe-laying in connection with development of the Fossekall/Dompap discoveries off the coast of Helgeland in northern Norway.

The contract value is around NOK 970 million without options and extra charges due to the weather.

Discovered one year ago, Fossekall will also make it possible to develop the earlier find Dompap.

Fast-track development

This is Statoil’s fifth fast-track development and the largest so far.

“With all of the contracts awarded, we can already start production at the end of 2012. We’re very happy about this,” says Ivar Aasheim, Statoil’s head of field development on the Norwegian continental shelf.

Statoil considers it vital to reduce the time from discovery to production.

“We are about to reach this goal,” says Aasheim. “This development will only take two and a half years, and thereby meets the fast-track principles.”

Subsea field
The Fossekall/Dompap development will comprise three subsea templates tied back to the Norne ship in the Norwegian Sea. The distance from the field to the Norne ship is around 26 kilometres.

Recoverable reserves in Fossekall/Dompap are estimated at around 100 million barrels of oil equivalent. The majority of this is oil.

“These additional volumes are important to Statoil, and they help extend the lifetime of the Norne ship,” says operations north cluster head Morten Loktu.

Partners: Statoil (64% and operator), Petoro (24.5%) and Eni (11.5%).

 

Source: http://www.statoil.com

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

Contracts

Ezra Bags $70m in Offshore Contracts

Ezra Holdings Limited, a leading contractor and provider of integrated offshore solutions to the oil and gas industry, today announced that the Group’s Subsea Services division,

Clean Marine Wins New Contract

Clean Marine has been selected by Hyundai Mipo Dockyard in South Korea to supply exhaust gas cleaning systems (EGCS) for two new MR tankers. IMO’s convention

Liebherr to Deliver RTGs to Mayotte and Manila

Liebherr confirms orders for variable speed RTGs and electric RTGs. DPWorld Asian Terminals Inc. has placed an order with Liebherr Container Cranes for a further 5 RTGs at its Manila facility.

Offshore

Ezra Bags $70m in Offshore Contracts

Ezra Holdings Limited, a leading contractor and provider of integrated offshore solutions to the oil and gas industry, today announced that the Group’s Subsea Services division,

Rederij Groen Takes Delivery of 7-Waves

Rederij Groen’s entire SRSV fleet built by Damen Maaskant Shipyards Stellendam. Dutch offshore services company Rederij Groen has taken delivery of the 7-Waves,

New Oil Field Found in British North Sea

GDF SUEZ E&P UK Ltd and BP today announced a new exploration discovery in the UK Central North Sea. The discovery, which spans GDF SUEZ operated block 30/1f

 
 
Maritime Careers / Shipboard Positions Maritime Security Naval Architecture Pod Propulsion Port Authority Ship Repair Ship Simulators Shipbuilding / Vessel Construction 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: 0.2115 sec (5 req/sec)