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Ivar Aasen Ready for Departure

Maritime Activity Reports, Inc.

May 22, 2016

(Singapore, 22 May 2016) The topside of Ivar Aasen field was  completed on Sunday at the shipyard in Singapore and sailed to Norway shortly. The tire was delivered on budget and on time, which enables field development is on track to start production on December 1.

"Ivar Aasen field is an important development on the Norwegian Continental Shelf and the Norwegian as operator . We are therefore very pleased to finalize the platform deck according to budget and on time. Work performed in Singapore are of high quality, and the project is an example of a successful global supplier collaboration to create value on the Norwegian continental shelf," says Karl Johnny Hersvik, CEO of the Norwegian.

The topside is now moved from the shipyard to SMOE to Cosco vessel Xiang Rui Kou, who will be carrying the installation of Ivar Aasen field in the Utsira High in the North Sea. On Utsira High shall topside lifted on the chassis that is built on Sardinia, and living quarters built on Stord.

At its peak, more than 2,300 people from 35 nations work on the project. After almost 15 million hours we have not detected serious incidents, which we are very proud of. We have had a close and good cooperation between the Norwegian operator and SMOE company Sembawang, where we deliver on budget and without serious injuries, says project manager for the topside Snorre Fossum.

The topside of Ivar Aasen is shipped from the port of Singapore in early June and come to Norway a month later.

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