Equinor lets Statfjord platforms contract to Apply

July 6, 2020
Equinor Energy AS has awarded a framework agreement for engineering and installation services on the North Sea Statfjord field to Norwegian engineering company Apply.

Equinor Energy AS has awarded a framework agreement for engineering and installation services on the North Sea Statfjord field to Norwegian engineering company Apply.

The agreement covers overhaul, replacement, and modification deliveries on the three Statfjord platforms. The 7-year agreement, which includes a 3-year option, takes effect Sept. 1.

“Our ambition is to become a leading late-life operator on the Norwegian continental shelf. In order to succeed, we must apply new working methods to reduce costs,” says Kjetil Hove, senior vice-president for the new business area Field Life eXtension (FLX), that was established Apr. 1.

The supplier will be integrated in the FLX organization at its new premises at Forus in Stavanger, Norway. The companies will focus on simplified work processes, standardized products and solutions, and will benefit from digital technology, such as 3D printing, the company said.

Production from Statfjord will be extended by maturing new reserves for recovery and upgrading platforms as required. Around 100 new wells will be drilled in the period up to 2030. They will help maintain the current Statfjord production level beyond 2025.

Statfjord A was scheduled for decommissioning in 2022, however, a decision was made to extend the field life to 2027 (OGJ Online, May 2, 2019; Jan. 9, 2020). The lives of the Statfjord B and C platforms will be extended to 2040 from 2025.

Equinor is operator of Statfjord with partners Var Energi AS and Spirit Energy.