New FSU for Statoil in Norwegian Sea

Press Release
Tuesday, September 18, 2012
Heidrun Field: Photo credit Statoil

Statoil, on behalf of the licence owners, issued a Letter of Intent (LOI) to Samsung Heavy Industries for a permanent floating oil storage unit (FSU).

The contract is worth an estimated US$ 230-million and includes options to buy two additional units. The new storage unit will replace the existing buoy loading system on the Heidrun field in the Norwegian Sea.

The Heidrun field has been developed with a floating tension leg platform with a concrete hull and has been on stream since 1995. Oil from the field has since the start been exported via a buoy loading system consisting of two buoys and purpose-built shuttle tankers.

The new FSU will be permanently connected to a buoy, and the oil will be lifted from the FSU by use of shuttle tankers. The FSU will be permanently manned and has an expected design life of 30 years.

The unit will be built by Samsung at the world's second-largest shipyard in Geoje Island, Republic of Korea. Engineering will start immediately and the unit is expected to be on location at the Heidrun field in the first half of 2015. Statoil has also secured options to buy two additional storage units for use on other fields if required.

"Our ambition is to maintain Heidrun production at least until 2045," says Morten Loktu, Statoil's head of the operations north cluster on the Norwegian continental shelf. "To reach this goal we need robust systems on board and efficient and secure oil export solutions. The new storage unit will provide such an efficient and robust oil storage solution in the Heidrun area."








 

Maritime Reporter September 2013 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

New Superyacht ROCKIT.IT Launched by Feadship

Feadship says it has launched the outstanding 60.35-metre motoryacht ROCK.IT. Created for an experienced owner who has chartered Feadships and appreciated the essence of the brand,

FTA Approves WSF Ferry Terminal Plans

In the latest Washington State Ferries Weekly Update, Capt. George A. Capacci, Interim Assistant Secretary WSDOT/Ferries Division briefs as follows: "FTA approves

NZ Interislander Ferry to Dry-dock in Devonport

NewZealand's KiwiRail says that the Interislander ferry Arahura has left Wellington for her scheduled bi-annual dry-docking in Devonport, having last visited Auckland in July 2012.

Shipbuilding

RIMPAC Exercise Puts LCS Through Paces

It was the middle of May, and the littoral combat ship Independence was operating out of San Diego, testing components of the mine warfare mission package. The mission is one that,

New Superyacht ROCKIT.IT Launched by Feadship

Feadship says it has launched the outstanding 60.35-metre motoryacht ROCK.IT. Created for an experienced owner who has chartered Feadships and appreciated the essence of the brand,

FTA Approves WSF Ferry Terminal Plans

In the latest Washington State Ferries Weekly Update, Capt. George A. Capacci, Interim Assistant Secretary WSDOT/Ferries Division briefs as follows: "FTA approves

Offshore

Drydocks World to Participate in SMM 2014

Drydocks World, the leading provider of maritime and offshore services to the shipping, oil, gas, and energy sectors, will participate in the prestigious 26th edition of Shipbuilding,

SBM Offshore Completes Real Estate Divestment

SBM Offshore is pleased to announce that is has completed the sale and lease back of its Monaco real estate portfolio.  The last of the three buildings was sold

Keppel T & T Appoints Lim Chin Leong to its Board

Keppel Telecommunications & Transportation Ltd (Keppel T&T) has strengthened its Board with the appointment of Mr Lim Chin Leong as an independent, non-executive

 
 
Maritime Contracts Maritime Standards Naval Architecture Offshore Oil Port Authority Salvage Ship Repair 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: 0.1837 sec (5 req/sec)