South Korean shipbuilder Samsung Heavy Industries has delivered an offshore platform to the client Norway’s Statoil for the Johan Sverdrup project.
Samsung Heavy Industries said on Monday one of the two platforms as part of a 1.17 trillion won ($1.08 billion) contract from Statoil set sail to the European country.
Located in the North Sea about 140 kilometers west of Stavanger, Norway, Johan Sverdrup is a gigantic oil discovery on the Norwegian continental shelf estimated to hold reserves of between 2.1 and 3.1 billion barrels of oil equivalent.
Samsung is responsible for the construction of the process and riser platforms. The one delivered to Statoil is the riser platform which weighs about 23,000 tons and will serve oil and gas exports, water and gas injection, as well as any future connections. Meanwhile, the process platform, which weighs about 26,000 tons, is to ensure stabilization of the oil and processing into rich gas. The process platform is scheduled to be delivered in December.
Samsung Heavy Industries said the latest project marked its shortest delivery time of any offshore platform in the same size and the risk was minimized with the deployment of workforce with knowledge and experience of the customer.
The Original Posted By Woo Je-yoon and Minu Kim/Business Korea