SHI Delivers Johan Sverdrup Offshore Platform On Schedule

Laxman Pai
Wednesday, December 19, 2018

South Korean shipbuilder Samsung Heavy Industries (SHI) has successfully completed the processing platform (P1) for Johan Sverdrup Field development and delivered it to Equinor according to the scheduled delivery date stated in the original contract.

SHI has secured Contract worth 650 billion won ($ 5.84m) from a Norwegian energy company Equinor in 2015 to build the large oil production platform, measuring 136m long, 69m wide and 72m high, and weighing 28,100 tonnes.

Reflecting the ‘Lessons Learned system’ developed from its previous experiences in large-scale offshore projects such as Shell Prelude FLNG, Egina FPSO, etc., SHI has been able to minimize potential risks in advance, enabling successful on time delivery of the error-free, quality platform.

Moreover, SHI has gained positive comments from Equinor on its safety management by achieving 16 million safe man hour without any serious incidents.

The P1 platform leaving the SHI yard today will arrive at Stord, Norway for installation of Deck crane, and then arrive at the Johan Sverdrup oil field in the North Sea, about 140 Kilometers west of Stavanger, Norway during the spring. When fully integrated and commissioned, the P1 platform is expected to produce and refine up 440,000 barrels of oil each day.

The gigantic Johan Sverdrup oil field holds estimated reserves of between 2.2 and 3.2 billion barrels of oil equivalent.

“I am very happy to be able to deliver the significant offshore facility with perfect quality without any delay which will be used for the large-scale Johan Sverdrup development project in the North Sea” says an official from Samsung Heavy Industries, “SHI’s differentiated project execution capabilities together with trust and teamwork built between Equinor and SHI make it possible to fabricate the platform without any HSE incidents and quality issues for a short construction period.”

It is highly likely that thanks to the successful completion of the Johan Sverdrup P1 platform, SHI will receive more orders for offshore facilities to be operated in the North Sea in the future.

Categories: Shipbuilding Marine Equipment Offshore Energy Platform Platform Support Vessel

Related Stories

Oil Prices Jump as Ships Come Under Fire in Strait of Hormuz

US-Israel War on Iran Creates Biggest Energy Crisis in History

Eni Makes Major Gas Discovery Offshore Indonesia

Saipem Bags $400M in Offshore Contracts from Aramco in Saudi Arabia

IEA Cuts Oil Demand, Supply Outlook Amid Iran War

China Calls for De-Escalation as US Threatens Hormuz Blockade

Oil Surges Over 7% to Above $102 Ahead of US Hormuz Blockade

UK Declines to Support US Hormuz Blockade, PM Starmer Says

Offshore Vietnam: Energy Imports Rise as Domestic Production Falls

Eni Advances Angola Gas Project, Secures $9B Credit Facility

Current News

Middle East Conflict Jolts Offshore Drilling Market

Bureau Veritas Expands Offshore Services with New Asia Hub

Valeura Charters Shelf Drilling’s Jack-Up Rig for Gulf of Thailand Ops

Oil Prices Jump as Ships Come Under Fire in Strait of Hormuz

US-Israel War on Iran Creates Biggest Energy Crisis in History

Jadestone Secures Gas Sales Deal for Fields Offshore Vietnam

Oil Flows to Lag Even if Hormuz Strait Reopens

Eni Makes Major Gas Discovery Offshore Indonesia

Strike Threat Grows at Ichthys LNG after Workers Reject Deal

Pertamina Unit to Operate Indonesia’s Lavender Block under 30-Year PSC

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com