Statoil affirms Johan Sverdrup power scheme

Offshore staff

STAVANGER, Norway – Statoil will proceed with an ambitious plan to provide power to the North Sea Johan Sverdrup field via high-power subsea cables from shore, the company confirmed.

The statement was issued in response to reports that Statoil had abandoned the shore-to-field power scheme due to cost overruns.

“We are not considering any other solutions for the Johan Sverdrup field than land-based power supply,” said Øyvind Reinertsen, senior vice president for the Johan Sverdrup field.

“The project and the licensees based their concept assessment on power supply from land at an early stage, and we have not considered any other options,” Reinertsen said.

Statoil said the project would soon settle on a concept and development solution that includes power supply from land “based on technical and financial assessments.”

Statoil and partners Lundin Petroleum, Maersk Oil, Petoro, and DNO plan to submit formal development plans to Norwegian authorities in late 2014 and have set a production start date for 4Q 2018.

Joahn Sverdrup is in production licenses 501 and 265 about 140 km (87 mi) west of Stavanger, in water depths of 110 m (361 ft). Statoil will operate the project up to submission of the plan for development and operation.

12/06/2013

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

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...