Norway’s Fjords Processing, a company independent since the separation from Aker Solutions in September 2014, has won three contracts for the deliveries of process systems for the Johan Sverdrup development in the North Sea.
The company signed the contracts with Statoil on behalf of the Johan Sverdrup partnership.
According to Fjords Processing, the scope of work within the contracts entails concept development studies, design, engineering, fabrication and services of processing technology and expertise: Delivery of the oil separation package; consisting of totally seven separators; Delivery of gas dehydration system – including the TEG (triethylene glycol) regeneration facility;
Delivery of electrostatic coalescers to remove water from oil.
Rune Fantoft, CEO of Fjords Processing said: “The contracts are strategically important for Fjords Processing, being a recently established, Norwegian supplier.”
Fantoft continues: “Taking part in the Johan Sverdrup development and cooperating with Statoil and Aker Solutions is of huge importance for us and for the Norwegian oil service industry. Though we are a niche, specialist supplier, we contribute with the vast Norwegian competence we have built over years, as part of the Aker group and through our relationship with Statoil. We look forward to continuing our partnership with these key players.”
The company has highlighted the fact that, so far, the Norwegian supplier industry has won the majority of the Johan Sverdrup contracts.
“The Norwegian supplier industry has started showing that we also can offer competitive conditions compared to international suppliers. Developing the needed processes and setting the right priorities is key to meet the contractors’ and end clients’ requirements and expectations of cost reductions. A more effective cooperation with partners and other contractors, will be key to succeed with ongoing improvements,” says Rune Fantoft.
The execution of the agreed deliveries will start in 2015 and will be delivered at the end of 2016.
The separator package and the coalescers will be managed and manufactured by Midsund Bruk, one of Fjords Processing’s subsidiaries and workshops.
Offshore Energy Today has reached out to Fjords Processing, enquiring about the financial details of the contracts. Responding, a Fjord Processing spokesperson said: “The parties have agreed to not disclose the contract value.”