Equinor and the Johan Sverdrup licence have awarded a jacket contract for the processing platform for Johan Sverdrup phase 2 to Kværner. The contract value is around NOK 900 million.
Today the Norwegian Minister of Petroleum and Energy, Kjell-Børge Freiberg, officially opened the power-from-shore solution which will provide the Johan Sverdrup field in the North Sea with electricity for more than 50 years.
Equinor and the Johan Sverdrup partnership submit a letter of award to NKT for fabrication and installation of two high-voltage cables supplying power from shore for the second phase of the Johan Sverdrup development.
Key milestones this year include:
In 2019 the topsides for the processing platform and the utility and living quarters will be installed, in time for production start-up of the Johan Sverdrup field later that year.
Johan Sverdrup drilling platform launch, April 2018
Johan Sverdrup Riser platform sailaway from South Korea
Building Johan Sverdrup
Contracts worth more than NOK 60 billion have been awarded in connection with the Phase One development, with 70% of the total number of contracts awarded to Norwegian suppliers. During the period 2016-2018, the main construction phase of the project, more than 12000 people every day around the world will contribute to Johan Sverdrup..
The field will be operated by electrical power generated onshore, reducing offshore emissions of climate gases by 80%—90% compared to a standard development utilising gas turbines on the NCS.
Johan Sverdrup is one of the largest oil discoveries ever made on the NCS.
Peak production will constitute 25% of all Norwegian petroleum production at the time.
Our digital ambitions and technologies are being implemented and realised throughout the Johan Sverdrup project
A new adventure on the Norwegian continental shelf (NCS):
When we first discovered oil in the North Sea, few people in Norway foresaw the growth and affluence that this venture would bring to the country.
We are the operator for all phases of the Johan Sverdrup development.
In many ways, Johan Sverdrup represents the sum total of 40 years' development and activities on the Norwegian continental shelf.
The discovery of the giant Johan Sverdrup field in the North Sea in 2010—2011.
It will endure as a milestone in the history of the Norwegian oil industry.
Even in a two-degree scenario, the world will be dependent on oil and gas for many years to come. Oil is necessary for transport, in food production and for the production of plastics and other products that we use in our daily lives—but the world’s production of oil and gas is falling. Even in a low-carbon future, the world will still require new oil fields equivalent to 20 times Norway’s current total production in 2035. Johan Sverdrup will be one of the most important oil fields providing sufficient energy for a growing global economy.
40.0267%
Equinor (operator)
22.6%
Lundin Norway
17.36%
Petoro
11.5733%
AkerBP
8.44%
Total