Equinor has awarded the last major contract for Phase 2 of the Johan Sverdrup project.
The contract for subsea pipeline and associated marine operations was awarded to Subsea 7, with an estimated value of US$150–300 million.
Subsea 7 was responsible for the delivery and installation of several subsea components and pipeline tie-ins in Phase 1 of the project.
In Phase 2, the company will deliver and install around 100 km of infield pipelines and 25 spools, in addition to installation of umbilicals and the marine operations associated with the subsea scope.
“Subsea 7 is awarded the last major subsea contract for Johan Sverdrup phase 2,” said Johan Sverdrup Project Director Trond Bokn.
“Based on good experiences and learning from Phase 1, the award will ensure continuity and a coherent development of the entire Johan Sverdrup field.
“This will give us a good foundation for enhancing our collaboration on safety, efficiency and further improvements in the execution phase and afterwards in the operating phase.”
Equinor Chief Procurement Officer Peggy Krantz-Underland said this award, in addition to previous awards, increases the share of contracts delivered by Norwegian suppliers in the projects second phase to 85 per cent.
“Demonstrating competitiveness and a strong ability to improve during the past years, Norwegian suppliers have secured as much as 70 per cent of the contracts in the first phase of the Johan Sverdrup development,” she said.
“Today’s contract award increases the Norwegian share in Phase 2 to 85 per cent.”
Johan Sverdrup Phase 1 is nearly 90 per cent completed, with expected production start in November.
Phase 2 of the Johan Sverdrup development was approved by Norwegian authorities in May 2019 and is anticipated to start-up in the fourth quarter of 2022.
For more information visit the Equinor website.
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