Kvaerner, in a joint venture with KBR, has signed a contract with Statoil for the complete delivery of the platform topside to the Johan Sverdrup field development. The agreement to deliver the deck for the utility and living quarter (ULQ) platform comes after a tough international competition, where Kvaerner-KBR presented the best overall bid. The agreement has an estimated total value for the Kvaerner-KBR partnership of approximately EUR 760M.
The ULQ-platform is one of four platforms to the Phase One development of the Johan Sverdrup oil and gas field on the Norwegian continental shelf. Kvaerner-KBR joint venture will execute the engineering, procurement and construction (EPC) for the ULQ topside as one complete delivery. The agreement also includes an option for commissioning assistance and offshore hook-up for the platform.
The Johan Sverdrup ULQ project will be executed as a 51%-49% joint venture between Kvaerner and KBR. Senior personnel in Kvaerner and KBR will work as one integrated project management team. Engineering for the topsides will be executed in Leatherhead, UK, by a joint team from Kvaerner and KBR. Procurement activities for the project will be undertaken in both Norway and in the UK. Detailed engineering will start immediately, while fabrication is expected to start spring 2016. The platform topside is scheduled to be delivered in the first quarter of 2019.
