Edvard Grieg News

Edvard Grieg oil and gas production platform (Photo: Lundin)

NKT to Link Edvard Grieg to Johan Sverdrup

Power cables manufacturer NKT announced it has been awarded a contract to supply the high-voltage power cable that will connect the Edvard Grieg oil and gas production platform to the Johan Sverdrup field center in the Norwegian sector of the North Sea.NKT said it was selected by Lundin Norway to supply 24 kilometers of 132 kV AC XLPE high-voltage power cable, expected to be commissioned in 2022.The connection of the two installations enables Lundin to benefit from the already planned power link in conjunction with phase 2 of the Johan Sverdrup development. The link connecting Johan Sverdrup phase 2

The Johan Sverdrup field (Photo: Equinor)

Subsea 7 Wins Johan Sverdrup 2 Contract

the Johan Sverdrup development was approved by Norwegian authorities in May 2019, and includes development of another processing platform for the field center and the Avaldsnes, Kvitsøy and Geitungen satellite areas, in addition to the power-from-shore supply to the Utsira High (including the Edvard Grieg, Ivar Aasen and Gina Krog fields). Start-up of phase 2 is scheduled for the fourth quarter of 2022.“Subsea 7 is awarded the last major subsea contract for Johan Sverdrup phase 2. Based on good experiences and learning from phase one, the award will ensure continuity and a coherent development

Johan Sverdrup Phase 2 (Image: Equinor)

Johan Sverdrup Phase 2 Plan Approved

is expected to start in November this year, Equinor said.The Johan Sverdrup field is powered from shore, placing it among the oil and gas fields with the lowest CO2 emissions in the world. In the second phase the field will also supply shore power to other fields on the Utsira High, including the Edvard Grieg, Gina Krog and Ivar Aasen fields.Johan Sverdrup Phase 2 (Image: Equinor

Kristin Færøvik, Lundin Norway and Arild Selvig, TechnipFMC (Photo: Lundin Norway)

TechnipFMC Bags EPCI Work for Luno II and Rolvsnes

in the North Sea at a water depth of 110 meters.TechnipFMC did not reveal an exact dollar figure for the contract, but said it is worth between $250 million and $500 million.The Lundin Norway operated Luno II and Rolvsnes are situated on the Utsira High in the North Sea, and will be tied back to the Edvard Grieg platform. TechnipFMC will deliver and install of subsea equipment including umbilicals, rigid flowlines, flexible jumpers and subsea production systems.The contract represents a continuation for TechnipFMC, who has also performed integrated work for Lundin in the FEED phase for Luno II and Rolvsnes

(Photo: Aker BP)

Aker Bets on Software Engineers for Its Oil Business

, Sweden's Lundin Petroleum, has even agreed to share its real-time oilfield data with Aker in what they say is an industry first."This will be the first time two different operators, or oil companies, will share operations/production data live from two producing fields, that is between Edvard Grieg and Ivar Aasen," a Lundin Norway representative told Reuters.By combining all the data that typically sits in different digital silos - such as matching flow sensors with the piece of machinery they actually sit on - Cognite says its software can help reduce maintenance costs, extend the

The cable-laying vessel NKT Victoria at the Johan Sverdrup converter station at Haugsneset near Kårstø.(Photo: Øyvind Gravås - Woldcam / Statoil)

Efficient Cable Installation Slashes Emissions at Johan Sverdrup

start. And in the autumn of 2018, the Johan Sverdrup field should be ready to be powered with electricity from shore.After the start-up of the second phase of the development in 2022, the Johan Sverdrup field will also enable power from shore to reach the remaining fields on the Utsira High – Edvard Grieg, Gina Krog and Ivar Aasen

Karl-Petter Løken (Photo: Kvaerner)

Løken Named CEO at Kvaerner

after ending his current position as head of Project Development for Lundin Norway.   Since 1991, Løken has held positions in the oil and gas industry for companies like Statoil, Aker Solutions and Lundin Norway. From 2011 to 2015, Løken was Engineering Manager for Lundin Norway's Edvard Grieg field development, where Kvaerner was the key contractor. He is educated as a civil engineer from the Norwegian University of Science and Technology

Courtesy Aker Solutions

Aker Solutions Wins Lundin Norway Deal

; said Per Harald Kongelf, head of Aker Solutions' Norwegian operations. "The company's focus on the southern Barents Sea fits well with our technology and engineering expertise for even the most challenging conditions." Aker Solutions has previously provided engineering work for Lundin's Edvard Grieg development as well as the subsea production system for the Brynhild field. The new agreement gives Lundin access to Aker Solutions' technical expertise and lifecycle knowledge from the full range of field developments.  

Statoil acquires shareholding in Lundin Petroleum Courtesy Statoil

Statoil Acquires Minority Stakes in Lundin Petroleum

.  In recent years Statoil has farmed down in certain mature assets on the NCS to realize value for new investments. Through the acquisition of shares in Lundin Petroleum, Statoil increases its exposure to core field development projects and growth assets on NCS, including Johan Sverdrup and Edvard Grieg at attractive values. The investment underpins Statoil’s long term interest and commitment to the future of the NCS. Lundin Petroleum has over the last decade successfully built a strong portfolio on the NCS, and internationally in Malaysia, and France. The company had 187.5 million barrels

Jan Arve Haugan President & Chief Executive Officer

Kvaerner 1Q Growth Continues Despite Odds

on predictable execution of ongoing projects, Kvaerner also continues to prioritise measures to reduce costs and improve competitiveness for upcoming projects. Operating revenues were to NOK 3 525 million in the first quarter 2015 compared to NOK 3 489 million for the first quarter 2014. While the Edvard Grieg platform project got closer to the final phases during the quarter, the large Nyhamna onshore plant project climbed to a peaking activity level. As indicated in fourth quarter, Earnings before Interest, Taxes, Depreciation and Amortisation (EBITDA) and EBITDA margins has decreased in first

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