Kvaerner in Jacket FEED on Johan Sverdrup Phase 2

Kvaerner has signed a contract with Statoil for delivery of a FEED study on Johan Sverdrup Phase 2 for P2 Jacket.

The work will be performed by Kvaerner’s specialised design engineering group for steel substructures.

The contract is a call-off from the framework agreement that was entered into by Statoil and Kvaerner in 2014, and it has a value of around NOK 6 million including options for additional studies to review alternative installation methods.

The FEED study objective is to develop and mature the concept for the Process Platform 2 steel substructure – P2 jacket in order to develop technical documentation to a level appropriate for start-up of detailed design or EPC contract, as well as establishing necessary interface to other parts of the Johan Sverdrup Phase 2, and establish the basis for a safe execution with minimal growth and changes during the project phase.

“This contract is very important for Kvaerner and for our position as a leading jacket design and project contractor, as well as a jacket EPC provider (engineering, procurement, construction). The contract also represents a volume that ensures work until spring 2018 for a large part of our engineers within steel substructures. Additionally, the contract is strategically important for Kvaerner in a longer perspective. When entering the FEED, we are close to the development – and with that we secure a good position for future EPC contracts,” says executive vice president responsible for jackets, Sturla Magnus.

The work starts immediately and will continue until delivery of final FEED study report February 1, 2018.