Statoil has awarded a contract, as part of the planned Johan Castberg development in the Barents Sea, to IKM Ocean Design. IKM will be responsible for Subsea – Integration Pre-FEED and FEED Project plus options.
The contract includes Pre-FEED and FEED of pipelines, risers, cables, tie-ins and related structures on the Johan Castberg field. Furthermore, detail design and follow-on engineering are included as options along with EPC of pipeline related structures.
CEO of IKM Ocean Design, Peder Hoås says: “We are extremely proud that Statoil has chosen IKM for this prestigious task and we look forward to further develop the field in cooperation with the Statoil team in order to make the project technically and commercially robust. The contract secures work for our engineers on a long term basis, and is one of the largest engineering contracts since the company was established.”
The contract has a duration of two years for the completion of Pre-FEED and FEED design, covering the SURF part of the development. Including options, the total contract period and value could extend to 7 years and NOK 200 million (USD 22.5 million), respectively. The engineering work will start immediately and will be run out of IKM’s Lysaker office.
The Johan Castberg field is located in the Barents Sea, approximately 240 km north-west of Hammerfest in northern Norway. The field development comprises the Skrugard, Havis and Drivis fields, all within Production License 532.