Edvard Grieg News

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

From left Tord Lien, Minister of Petroleum and Energy, Jan Arve

Kværner: Edvard Grieg Topside Ready

  The 22 000 tonnes topside for the new offshore platform for the Edvard Grieg field is ready for delivery, in line with the contract awarded three years ago. Hence, the project is in an exceptional case with respect to avoiding costly delays or quality challenges. Lundin Norway is the operator of the field and ordered the topside as a complete EPC delivery from Kvaerner in 2012. In addition to delivering the topside as agreed, the project also had a high share of work performed in Norway. The Norwegian value creation from both Kvaerner and subcontractors totals around 70 percent of the delivery.

Photo: EMAS AMC

EMAS Wins $165m Norwegian North Sea Contract

detailed engineering and procurement, construction and installation of three 10 km rigid pipelines via reels, including spools, pipeline end terminations (PLETs) and seabed intervention. The contract also has an option for EMAS AMC to procure and install a subsea power cable connecting the neighboring Edvard Grieg platform to the Ivar Aasen platform. Project management and engineering work will commence immediately and will be managed from EMAS AMC's office in Oslo. Offshore activities are scheduled to commence in 2015, with completion in 2016. This latest contract win reinforces EMAS AMC’s

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