Stay Connected

BG agrees terms for Knarr FPSO

Offshore staff

HAMILTON, Bermuda -- BG Norge has contracted Teekay to provide a turret-moored FPSO for the Knarr oil and gas field development in the Norwegian North Sea.

The newbuild FPSO will be constructed by Samsung Heavy Industries in South Korea, with a fully built-up project cost of around $1 billion.

The floater, which will have production capacity of 63,000 b/d, should be delivered late in 2014, ready to start a firm charter contract with BG of either six or 10 years, extendable to 20 years. BG has until end- 2012 to decide on the firm period.

Knarr (ex-Jordbaer) is in the Tampen area of the Norwegian northern North Sea. Its estimated recoverable reserves of 70 MMboe could rise, depending on the results of drilling of nearby prospects.

Peter Evensen, Teekay’s president and CEO, said. “The Knarr FPSO design, which makes use of Samsung’s previous experience in delivering turnkey FPSO units, incorporates topside configuration designed for high uptime, and the turret mooring system is a proprietary technology we jointly developed with Framo.

“Over the past several months, we have been working together with Samsung and other key suppliers on the detailed engineering specifications for the FPSO, prior to finalizing the contracts with both Samsung and BG.”

BG operates Knarr, in partnership with Idemitsu Petroleum Norge, Wintershall Norge, and RWE Dea Norge.

07/07/2011

Related Articles

ExxonMobil awards Alternate Path completion license to Delta Screens

Nov 21, 2014 ExxonMobil Upstream Research Co. has awarded Delta Screens & Filtration LLC a limited international license to ExxonMobil’s Alternate Path technology patent portfolio for gravel packing cased-h...

Petrobras starts-up FPSO Cidade de Ilhabela

Nov 21, 2014

Petrobras has started production through the FPSO Cidade de Ilhabela from the Sapinhoá field in the Santos basin presalt offshore Brazil.

First oil shipment leaves northern Chayvo offshore Sakhalin

Nov 21, 2014

Rosneft has started to ship crude oil extracted at the northern tip of the Chayvo license offshore Sakhalin Island. 

Pieter Schelte heads to Europe for construction completion

Nov 19, 2014

The Pieter Schelte, Allseas new platform installation/decommissioning and pipelay vessel, is on its way to Rotterdam for completion and testing.

Hess puts deepwater GoM Tubular Bells field on production

Nov 17, 2014

Production has begun from the deepwater Tubular Bells field in the Gulf of Mexico.

Trending News

ExxonMobil awards Alternate Path completion license to Delta Screens

Nov 21, 2014

ExxonMobil Upstream Research Co. has awarded Delta Screens & Filtration LLC a limited international license to ExxonMobil’s Alternate Path technology patent portfolio for gravel packing cased-hole and openhole completion wells.

 

EMGS receives survey contract award in Brazil

Nov 21, 2014

Electromagnetic Geoservices ASA has received a contract worth $1.5 million for a research project in Brazil.

QinetiQ acquires seismic capabilities from SR2020

Nov 21, 2014

QinetiQ has acquired the seismic processing and imaging capability of SR2020 Inc. for a purchase price of up to $1.7 million.

Ocean Installer to place Delta House umbilicals

Nov 21, 2014

Ocean Installer has been awarded a contract for an umbilical installation project with Oceaneering for LLOG Exploration on the Delta House project.

Petrobras starts-up FPSO Cidade de Ilhabela

Nov 21, 2014

Petrobras has started production through the FPSO Cidade de Ilhabela from the Sapinhoá field in the Santos basin presalt offshore Brazil.

  Offshore
Digital Magazine
Look Inside
Cover
Current Issue

Oil & Gas Jobs

Search More Job Listings >>