rig

Under the contract, Technip will be responsible for project management, engineering and manufacture of over 9km of static steel tube umbilical, which includes a large bore integrated service line and multiple power cables.

Located approximately 8km North West of the Oseberg field center in Norwegian continental shelf, the Oseberg Vestflanken 2 field is being developed with an estimated investment of $935.6m.

Technip will manufacture the umbilicals at its facility in Newcastle, UK. The project is planned to be completed during the first half of 2017.

Technip managing director Sarah Cridland said: "As a company we have invested significantly in our Newcastle facility and it is encouraging to see the award of contracts, such as Oseberg, from this."

The Oseberg Vestflanken 2 field comprises an unmanned wellhead facility, which is designed to recover oil and gas from new deposits while enhancing the recovery rate from other producing deposits.

Statoil operates the Oseberg Vestflanken 2 field with 49.3% stake. Other partners include Petoro with 33.6% interest, Total 14.7% and ConocoPhillips 2.4%.

Scheduled to be commence production in the second quarter of 2018, the field is expected to recover 110 million barrels of oil equivalent (mboe).
The project is the first of three planned phases for developing the remaining reserves in the Oseberg area.


Image: The Oseberg field centre in the Norwegian North Sea. Photo: courtesy of Harald Pettersen/Statoil.