(Norway)- Aker Kvaerner has been awarded a contract for front end engineering design (FEED) of the floating production unit for Statoil's Gjøa project in the North Sea.
The field development is based on a semi-submersible production facility in 380 m of water depth, with engineering work to be carried out by Aker Kvaerner's Engineering & Technology division for NOK 60 million. Engineering work is to commence immediately and continue through to September 2006. At peak manning, approximately 100 engineers will be working on the project.
The objective of the FEED will be to provide the best possible basis for the owners' sanction process, and develop all technical documentation for the plan for development and operation application to the authorities. The work is ultimately designed to form the technical basis for subsequent engineering, procurement and construction type contracts for the semi.
Simen Lieungh, executive vice president for Aker Kvaerner, said of the contract: "In the world market for oil & gas contractors, Gjøa is considered a strategically important project for Aker Kvaerner underpinning our position as a leading supplier of floating production platforms."
Gjøa was proven as a reservoir in 1989 and contains gas with a relatively thin oil zone. The field is operated by Statoil in the development phase and Gaz de France in the operation phase. The ownership breakdown of the field is as follows: Statoil (20%), Gaz de France (30%), Petoro (30%), Norske Shell (12%), and RWE Dea Norge (8%).