Kvaerner has signed a contract of approximately NOK 900 million with Equinor for delivery of the steel substructure for the Johan Sverdrup Phase 2 process platform.
With this award Kvaerner will deliver the fourth substructure for the Johan Sverdrup field, one of the world’s largest ongoing offshore projects.
The steel jacket substructure for the Phase 2 process platform is to be delivered from Kvaerner’s specialised facility in Verdal, Norway during spring 2021.
The new delivery includes engineering, procurement and fabrication. Kvaerner will also perform load-out and sea-fastening of the complete steel jacket substructure on a barge before sail-away to the field.
The engineering work will be performed at Kvaerner’s offices in Oslo and will start immediately. The project management will be based at Kvaerner’s yard for advanced steel substructures in Verdal, where prefabrication will start early in the summer of 2019. When completed, the steel jacket will weigh slightly above 12 300 tonnes.
“The award of yet another contract won in international competition confirms Kvaerner’s position as one of the industry’s leading contractors for steel jacket substructures. In 2017 and 2018, Kvaerner delivered three out of the four jackets which are part of the first phase of the field development. Through a very effective cooperation with Equinor, we delivered all these three platform substructures to agreed quality, schedules and budgets. I am pleased to see that our customers confirm that we are a contractor offering an attractive combination of technical expertise and cost efficiency,” said Karl-Petter Løken, Kvaerner’s president & CEO.