Equinor Tags TechnipFMC for Johan Sverdrup Section 3 iEPCI Job

TechnipFMC has secured a big built-in Engineering, Procurement, Development, and Set up (iEPCI) contract from Equinor for the Johan Sverdrup Section 3 improvement within the Norwegian North Sea. TechnipFMC mentioned in a media launch the contract worth is anyplace between $500 million and $1 billion.

Section 3 of the Johan Sverdrup area, which began manufacturing in 2019, will increase manufacturing by connecting further wells to the prevailing infrastructure, which is fueled by low-emission assets from onshore, TechnipFMC mentioned.

“It’s a privilege to contribute as soon as once more to the event of this area, the place we delivered subsea manufacturing methods for every of the earlier phases. We’re excited to leverage our iEPCI™ built-in execution mannequin to additional improve this world-class offshore asset”, Jonathan Landes, President for Subsea at TechnipFMC, mentioned.

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This direct award comes after a complete Entrance Finish Engineering and Design evaluation. TechnipFMC mentioned will probably be answerable for designing, producing, and putting in subsea manufacturing methods, umbilicals, and inflexible pipelines that can join new templates to the present Johan Sverdrup area middle.

Located within the Utsira Excessive area of the North Sea, 160 kilometers (roughly 99 miles) west of Stavanger, the sector spans 200 sq. kilometers (roughly 77 sq. miles) with water depths starting from 110 to 120 meters (roughly 361 to 394 ft). At its peak, this area is able to producing as much as 755,000 barrels of oil every day, representing about one-third of Norway’s present oil output.

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