Breidablikk field creates Job Opportunity in Norwegian continental shelf
Equinor and partners Petoro, Vår Energi and ConocoPhillips Skandinavia have decided to develop the Breidablikk field in the North Sea. Today the partnership will submit the plan for development and operation to the Minister of Petroleum and Energy, in addition to awarding contracts for subsea facilities and upgrading of the Grane platform.
The expected production from the field is about 200 million barrels, investments totalling about NOK 18.6 billion.
“The Breidablikk field is one of the largest undeveloped oil discoveries on the Norwegian continental shelf (NCS). Field development will create substantial value for the Norwegian society and the owners. We are also pleased to award two key contracts today at a total value of NOK 3.3 billion, including options. The contracts will contribute to important activity for the supply industry and secure jobs for many years,” says Geir Tungesvik, Equinor’s acting executive vice president for Technology, Projects and Drilling.
The development concept chosen for the Breidablikk field is subsea development with 23 oil producing wells from four subsea templates that are controlled from Grane. Breidablikk will be tied in to the Grane platform for oil processing prior to being brought ashore at the Sture terminal. The production from Grane will be monitored with advanced digital tools from Equinor’s integrated operations centre (IOC) at Sandsli to ensure optimal production and value creation from the wells.
Securing jobs in the supply industry
The contract for subsea production facilities is awarded to Aker Solutions. The contract covers the delivery of four subsea templates and up to 23 subsea trees and associated components. The contract value is estimated at about NOK 2.5 billion, including options. Around 300 man-years in Norway will be associated with the project for the supplier, with project management and engineering at Fornebu and Tranby, fabrication in Egersund and Sandnessjøen and service organisation in Ågotnes. In addition, there will be deliveries from the UK, Malaysia and Brazil.
Wood, the maintenance and modification supplier for Grane, has performed studies for the Breidablikk project, and an option for engineering, procurement, construction and installation (EPCI) will now be exercised for the company. The work scope includes equipment installation on the Grane platform in order to receive oil from the Breidablikk subsea facility. Existing processing equipment and water purification system on the platform will be upgraded. With an estimated value of about NOK 800 million the contract is expected to create over 500 man-years in Norway. The engineering work will be performed in Sandefjord and the fabrication will take place in Stavanger.
Earlier this year TechnipFMC won a contract for pipelaying in the Breidablikk project with options for subsea installation. The award contributes to sustaining workplaces for TechnipFMC in Norway, including the Orkanger spool base, where the pipelines will be fabricated before they are reeled onto the installation vessel.
All contracts have not been awarded, however about 70% of the value creation in the development phase is expected to go to Norwegian companies. The contracts are subject to government approval of the plan for development and operation.
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