Equinor let a contract to Technip FMC for Johan Sverdrup Phase 3 development in the Norwegian North Sea.
Equinor Energy AS has let an integrated engineering, procurement, construction, and installation contract to Technip FMC for Johan Sverdrup Phase 3 development in the Norwegian North Sea.
Phase 3 development is expected to increase production by tying in additional wells to the current infrastructure.
The award, valued by Technip FMC between $500 million and $1 billion, follows an integrated front end engineering and design study.
TechnipFMC will design, manufacture, and install subsea production systems, umbilicals, and rigid pipe that will tie new templates into the existing Johan Sverdrup field center.
Johan Sverdrup details
Johan Sverdrup, which accounts for about one third of Norwegian oil production, lies on the Utsira High (Utsirahøyden) in the central part of the North Sea, 65 km northeast of Sleipner fields in water depth of 115 m.
Production from Phase 1 began in 2019. Production from Phase 2 started in 2022. The oil handling capacity was increased after a capacity test in 2023 confirmed the field can produce up to 755,000 b/d of oil.
The main reservoir contains oil in Upper Jurassic intra-Draupne sandstone. The reservoir depth is 1,900 m. The quality of the main reservoir is excellent with very high permeability. The remaining oil resources are in sandstone in the Upper Triassic Statfjord Group and Middle to Upper Jurassic Vestland Group, as well as in spiculites in the Upper Jurassic Viking Group. Oil was also proven in Permian Zechstein carbonates.
Equinor is operator of the field with 42.6267% interest. Partners are Aker BP (31.5733%), Petoro AS (17.36%), and TotalEnergies EP Norge AS (8.44%).
