Statoil contracts Aker for Barents Sea floater design

Offshore staff

FORNEBU, Norway – Statoil has commissioned an extended concept study from Aker Solutions for the Johan Castberg oil field development in the Barents Sea.

This concerns the field’s floating production platform. The contract is valued at $41 million and includes options for further work.

Johan Castberg comprises the Skrugard and Havis discoveries, estimated to contain 400-600 MMbbl of oil. The location is 240 km (149 mi) northwest of Hammerfest, northern Norway.

8/21/2013

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...