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Power from land to all of Utsira

May 16, 2014, 15:54 CEST

Power from land to all of Utsira is one of three options in the concept study for Johan Sverdrup. Statoil and partners are recommending a two-phase solution from an industrial, financial and environmental standpoint.

The committee spokesman, who represents the Labour Party, communicates an intention of not creating a situation that will delay Johan Sverdrup. It is important for Statoil that the scheduled progress in developing the Johan Sverdrup field is maintained. One year’s delay on Sverdrup will entail a pre-tax loss, in present value, of NOK 20 billion.

Together with its partners, Statoil will consider whether the consequences of this proposal could lead to delay. It is unclear how the requirement to lay cables between the installations from the Sverdrup start-up phase will impact on the concept chosen and the project’s progress.