Lloyd’s Register to provide risk assessments for Johan Sverdrup

Lloyd’s Register Consulting has been awarded a substantial contract with Aker Solutions to deliver a suite of risk analyses at the Johan Sverdrup field on the Norwegian continental shelf.

The deal will support Aker Solution’s commitment to meet safe and sustainable offshore operations in the most important new development in the North Sea.

“It is a significant win for Lloyd’s Register Consulting as Aker Solutions is one of the world’s largest providers of products, systems and services to the oil and gas industry. In combination with risk analysis expertise from Lloyd’s Register Consulting, Aker Solutions is bringing together the best engineering and technologies for oil and gas drilling, field development and production in the North Sea for the front-end engineering design (FEED) phase,” Lloyd’s Register Consulting said in a statement.

“The geographical scope of the Johan Sverdrup field is estimated to hold between 1.8 billion and 2.9 billion barrels of oil, so understanding and assessing the total risks for this huge field development is critical,” said Bjørn Inge Bakken, SVP of Lloyd’s Register Consulting. “We are proud to have been chosen by Aker Solutions to assist in the development of this precedent-setting operation in the North Sea involving four bridged platforms.”

Related: Statoil: Concept selected for giant Johan Sverdrup field

Lloyd’s Register Consulting’s responsibility for this phase one project is to complete quantitative risk assessments including detailed consequence calculations. This is done using state-of-the art analysis tools including its RiskSpectrum software , one of the most advanced risk and reliability analysis applications in the world.

With several fixed assets, components and sub-components in the development of a typical platform, risk analysis and management of safety is an important process which requires risk-based experts to plan, justify and support the development of a safer and better performing operation.

“The integrity of installations offshore and onshore will increasingly become a central link in the global energy supply chain. Lloyd’s Register Consulting is one of a very few organisations with the diversity of technical expertise to fully support clients in this area, and we believe this agreement recognises that,” highlighted Bakken.

The Johan Sverdrup field is one of the largest oil discoveries on the Norwegian continental shelf. With a forecasted production of 50 years, the oil field is the most important new development on the Norwegian continental shelf, and this is the first FEED contract awarded for the first phase of the development.

 

Press Release, March 06, 2014

 

Share this article

Follow Offshore Energy Today

Posted on March 6, 2014

Events>

<< Sep 2019 >>
MTWTFSS
26 27 28 29 30 31 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 1 2 3 4 5 6

Africa Oil & Power 2019

The Africa Oil & Power conference will bring together an elite class of ministers and senior-level government…

read more >

OWI LATAM 2019

Over the two-day conference, 25+ expert speakers will share exclusive insight on how to develop an integrity, production and P&A strategy…

read more >

Uganda International Oil and Gas Summit 2019

Uganda International Oil & Gas Summit will once again examine the industry’s developments…

read more >

Argentina Oil and Gas Expo 2019

The Argentine Oil and Gas Institute (IAPG) organizes the Argentina Oil & Gas Expo bringing together the most…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply