Bilfinger wins Johan Sverdrup work
- Business & Finance
Construction and engineering company Bilfinger has received follow-up orders from its contract partner, the Norwegian service company Aibel, that are to tie in with phase 1 of the Equinor-operated Johan Sverdrup oil field project offshore Norway.
The overall scope of work includes the offshore hook-up, installation, and completion of the drilling and process platform as well as bridges connecting the various offshore installations of the field complex, Bilfinger said in a statement on Tuesday.
In addition to the contracts currently awarded, Bilfinger has been assigned the task of exchanging the flare tip on the riser platform. This contract includes the development of the concept and methods, along with the execution of the work by industrial climbers.
“The orders confirm the trust that our clients have in our know-how and our experience. We deliver extensive offshore campaigns observing the highest safety, efficiency, and quality standards. The contract for the flare tip change-out bears witness to our successful growth and the development of our capabilities as regards rope access,” said Tom Blades, Chief Executive Officer at Bilfinger.
The Johan Sverdrup field is one of the five largest oil fields located in the North Sea. It is expected to hold 2.1 to 3.1 billion barrels of oil, making the field one of the major industrial projects in Norway for the next fifty years ahead. The Norwegian energy company Equinor, formerly Statoil, is the operator of the field.
The total contract value amounts to around EUR 15 million ($17.05M), and the work at the Johan Sverdrup Field will secure more than 150 jobs at Bilfinger in 2019.