Hebron GBS construction making progress

Offshore staff

OSLO, Norway – Kvaerner says the gravity-based structure for the Hebron platform offshore Newfoundland is progressing at the Bull Arm yard.

At the deepwater site, pouring of roof slab at 71 m (233 ft) height started at the end of September and preparations were under way for the shaft slip form operation. Mechanical outfitting activities in the storage cells and center shaft continue.

Kvaerner expects this year’s downturn in new platform orders to continue into 2016. Most of the near-term prospects are smaller than the historical engineering, procurement, and construction (EPC) projects.

Although market developments remain unclear over the next couple of years, Kvaerner believes demand for EPC deliveries will increase after the current low cycle.

The company is currently working on front-end studies for unmanned wellhead platforms, subsea on a stick (a standardized unmanned wellhead platform designed as an alternative to subsea tiebacks), near-shore LNG, and other solutions for the Arctic.

11/06/2015

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