OSLO, NORWAY: Aker Solutions has been awarded a considerable contract from Altera Infrastructure for the full improve of the Petrojarl Knarr floating manufacturing storage and offloading vessel (FPSO) to be redeployed at Equinor’s Rosebank field development, offshore UK.
The chosen development idea for the Rosebank field includes redeployment and reuse of the existing Petrojarl Knarr FPSO owned by Altera.
The work will be carried out in a three way partnership (JV) with Drydocks World-Dubai, and the improve will happen on the company’s yard in Dubai, UAE.
The Engineering, Procurement and Construction (EPC) contract is a mixture of labor with new build, demolition and life extension (hull, marine systems and topsides) required for the FPSO to be kept on the field for 25 years with out drydocking.
The element design will be done in Norway by Aker Solutions in collaboration with Citec Norway AS, ABB Norway AS, OneSubsea Processing AS.
The EPC work is deliberate to begin up throughout the primary half of 2023 and is scheduled to be accomplished at end-2025. The Petrojarl Knarr FPSO was transported to Aker Solutions yard at Stord in August 2022 and can be saved there till the deliberate tow to Dubai throughout the second half of 2023.
“We are happy to have been chosen by Altera Infrastructure for this important field development project by Equinor and companions at Rosebank. We will execute this project along with our long-standing partner Drydocks World -Dubai, and we’re looking very a lot ahead to persevering with our long-term relationship. Collaboration and partnerships are core to Aker Solutions’ technique and to how we work. It additionally enables us to deal with capability within the most safe and environment friendly way, with a strong focus on options that reduce emissions,” said Sturla Magnus, executive vice president and head of Aker Solutions’ topside and facilities business.
Aker Solutions expects to book an order consumption of round NOK 2.5 billion associated to this contract within the primary quarter of 2023 within the Renewables and Field Development segment, pending final funding decision and regulatory approvals.
This order consumption would reflect Aker Solutions a half of the JV’s scope.
Rosebank is an oil and gas field within the UK located about 130 kilometers off the coast of the Shetland Islands within the UK, which has an estimated 300 million bbl of potentially recoverable reserves. Equinor acquired operatorship of Rosebank in 2019 and has since been working to optimize and mature a development solution for the field, initially found in 2004, along with companions Suncor and Ithaca Energy.