Power from land for Utsira Height to delay Johan Sverdrup?

A majority in the Norwegian Energy and Environmental Committee today presented a proposal to the Storting which involves the supply of power from land to the entire Utsira Height.


Power from land to all of Utsira is one of three options in the concept study for Johan Sverdrup. Statoil and partners are recommending a two-phase solution from an industrial, financial and environmental standpoint.

The committee spokesman, who represents the Labour Party, communicates an intention of not creating a situation that will delay Johan Sverdrup field production.

Johan Sverdrup (previously Aldous/Avaldsnes) is one of the largest discoveries on the Norwegian shelf since the mid-1980s, and was one of the largest discoveries in the world in 2010/2011.

It is important for Statoil that the scheduled progress in developing the Sverdrup field is maintained. One year’s delay on Sverdrup will entail a pre-tax loss, in present value, of NOK 20 billion ($3.36 billion), the company said.

“Together with its partners, Statoil will consider whether the consequences of this proposal could lead to delay. It is unclear how the requirement to lay cables between the installations from the Sverdrup start-up phase will impact on the concept chosen and the project’s progress,” Statoil said in a statement.

 

Related:  Norway to Power Offshore Platforms from Land?

 

May 16, 2014

 

Share this article

Follow Offshore Energy Today

Events>

<< Dec 2019 >>
MTWTFSS
25 26 27 28 29 30 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 31 1 2 3 4 5

Africa Oil Week 2020

For over 25 years Africa Oil Week has been the meeting place for Africa’s most senior E&P stakeholders.

read more >

CERAWeek 2020

 Each year, CERA clients gathered for a few days in Houston…

read more >

Offshore Technology Conference (OTC) 2020

The Offshore Technology Conference (OTC) showcases leading-edge technology for offshore drilling, exploration…

read more >

2020 EXPLORATION AND PRODUCTION STANDARDS CONFERENCE ON OILFIELD EQUIPMENT AND MATERIALS

The development of consensus standards is one of API’s oldest and most successful programs.

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