Det norske, a Norwegian oil exploration and development company, has informed that the construction of the topside for the Ivan Aasen field platform, in the Norwegian sector of the North Sea, is nearing completion.
According to Det norske’s update on Monday, the platform deck, under construction at Sembcorp Marine’s SMOE yard in Singapore, has reached 92.5 percent completion, and the project is on schedule for start-up of production in the fourth quarter of 2016.
SMOE was awarded the contract for engineering, procurement and construction of the process, drilling and quarters Platform (PDQ) topsides, to be installed at a water depth of 112 meters, in February 2013. The plan for development and operation of the field was approved on May 21, 2013.
The jacket for the Ivar Aasen platform was completed and delivered from Saipem’s yard in Arbatax on Sardinia in the first quarter 2015 and it was installed on the seabed in June 2015. The piling and grouting activities were concluded and the jacket installation finished in mid-July.
Det norske also said on Monday that 30% of its 2016 investment budget of $925 – $975 million will be used for drilling of production wells and water injector wells on Ivar Aasen as well as construction and installation of topside.
The Ivar Aasen field contains approximately 204 million barrels of oil equivalents and its anticipated economic life is 20 years.
Det norske hired Prosafe’s accommodation rig the Safe Zephyrus to accommodate the offshore workforce on the Ivar Aasen field from June 2016 until December 2016. The accommodation rig was recently completed by Jurong Shipyard and it will be delivered to its owner Prosafe at the end of January 2016.
Ivar Aasen is Det norske’s first major development project as operator and the company has 34.79 percent ownership interest. Det norske’s partners in the project are Statoil, with 41.47% interest; Bayergas Norge with 12.3%; Wintershall Norge with 6.5%; VNG Norge with 3.02%; Lundin Norway with 1.385%; and OMV Norge with 0.55% interest.
Offshore Energy Today Staff