Johan Castberg News

Graph: Rystad Energy

Drilling Activity Buoyant in Norway

pace last seen in 2013 and 2015, before the effects of the oil price collapse took hold on the drilling market in Norway.”Subsea development wells are forecast to experience a growth spurt beginning in 2020 and lasting several years. Several large upcoming subsea field developments, such as Johan Castberg, Snorre Expansion, and Wisting, will also spark an increase in long-term contracts for harsh-environment semisubmersible rigs authorized for operations in Norway. Meanwhile, development wells associated with wellhead platforms – so-called dry wells – will see a flatter forward trend

Ashtead Technology’s Deflection Monitoring System being installed for a project with Ocean Installer AS in Equinor’s Askeladd and Johan Castberg fields. (Photo: Ashtead Technology)

Ashtead Supports Subsea Template Installs

Subsea equipment solutions specialist Ashtead Technology said it has completed a subsea installation monitoring project for Ocean Installer AS in Equinor’s Askeladd and Johan Castberg fields in the Northern Norwegian Sea.The contract saw Ashtead Technology provide its integrated Deflection Monitoring System (DMS) services and equipment to support the installation of eight Integrated Template Structures (ITS).During operations, the dual independent DMS systems monitored, calculated, displayed and logged structure deflection, heading, pitch, roll, depth and suction can differential pressures

(Photo: Equinor)

14 Template Installations in One Month

, Equinor said. Following an increase in the price level for subsea equipment over several years, the Norwegian energy company said it now sees that standardization and simplification strengthens the competitiveness of the subsea industry, providing jobs both onshore and offshore. The Askeladd, Johan Castberg, Troll Phase 3 and Snorre Expansion Projects have created a high activity level in yards along the Norwegian coast. They are currently building the manifolds for the templates – and even more templates, Equinor said

MacArtney MERMAC R40 AHC Winch (Image: MacArtney)

MacArtney Equips North Sea Cable Layer

A specialized winch system aboard the ASN Ile de Class cable laying vessel will facilitate the laying of seismic cables on the seabed of the Johan Castberg oilfield in the Barents Sea for Equinor’s new permanent reservoir monitoring system.MacArtney’s MERMAC R40 active heave compensated (AHC) winch purchased by Alcatel Submarine Networks (ASN), part of the Nokia Corporation, will be utilized aboard the vessel in the laying of seismic cabling and sensors that will be permanently deployed on the Barents’ seabed to enable more frequent and improved 4D seismic interpretation of the

Luis Araujo, CEO, Aker Solutions

Aker Solutions Revenues Up 8%

from overseas markets equaling 35 percent of the total."In 2018, we saw a record number of studies and front-end engineering work for larger and more complex projects than previous years - a positive sign of more work to come," said Araujo. "As we have already seen at Johan Sverdrup, Johan Castberg and Troll, early involvement puts us in a strong position to secure more work."In January 2019, Aker Solutions acquired the remaining 30 percent of Brazilian C.S.E. Mecânica e Instru-mentação Ltda, having bought the first ownership stake of 70 percent in 2016. The acquisition

Photo: Harald Pettersen / Equinor

Equinor to Boost Drilling to Extend Norwegian Shelf Life

is smaller, making it necessary to drill more and cheaper wells, exploration chief Tim Dodson told a news conference.The company is currently investing heavily to develop the $15 billion Johan Sverdrup oilfield, which will be completed in two stages between 2019 and 2022, as well as the Arctic Johan Castberg and an extension of the Troll gas field."We need to start now. After 2022 there are currently few big projects remaining. The choices that we, the authorities, and the industry make today will be decisive," Nylund said."We have developed a strategy for more gas exploration. We

Photo: Equinor

Johan Castberg PDO Approved

The plan for development and operation of the Johan Castberg field in the Barents Sea was approved by the Norwegian Parliament on Monday, June 11. The plan will now be submitted to the Ministry of Petroleum and Energy for formal approval.With first oil scheduled for 2022, the field has a production horizon of 30 years. Capital expenditures for the project are NOK 49 billion ($6.2 bln), and recoverable resources are estimated at 450-650 million barrels of oil equivalent. The field development consists of a production vessel and a comprehensive subsea system, including a total of 30 wells distributed on

Photo: Ole Jørgen Bratland / Statoil

Arctic Oil 'Undrillable' amid Global Warming -UN's Ex-climate Chief

terms of weather and waves than many other parts of Norway ... We have drilled more than 100 wells, and never had any significant accidents or discharges to sea," Statoil spokesman Bård Glad Pedersen said.Although Figueres said drilling in the Arctic did not make sense, Pedersen said the Johan Castberg field, due to start pumping in the early 2020s off north Norway, would have a break-even of $31 a barrel.Global warming is also making the Arctic - shared by Nordic nations, Russia, Canada and the United States - more accessible to shipping and mineral exploration.(Reporting by Alister Doyle

Luis Araujo (Photo: Aker Solutions)

Resilient Market Spurs Aker Solutions's Earnings

are supporting margins amid tough international competition."Orders totaled NOK 8.6 billion in the quarter, bringing the backlog to NOK 37.6 billion. Most were for projects in Norway, including a contract to deliver modules for the floating production, storage and offloading vessel for Johan Castberg, the largest oil discovery in the Barents Sea. The company also won contracts to deliver subsea production systems for the Troll Phase 3, Askeladd and Nova fields offshore Norway. It secured a maintenance and modifications services contract from Petrobras in Brazil.Aker Solutions was in the period

The LNG plant at Melkøya. (Photo Ole Jørgen Bratland Statoil)

Statoil Awards Askeladd Development Contracts

7 and for marine operations to Ocean Installer in the Askeladd field development.  "The Askeladd project is being developed in a period of several key milestones for Statoil in North Norway. The Aasta Hansteen field in the Norwegian Sea will come on stream at the end of the year. The Johan Castberg development began in earnest after it was recently sanctioned. In addition, Statoil’s drilling campaign in the Barents Sea is being pursued this year," says Torger Rød, Statoil’s senior vice president for project development. Subsea 7 will lay a 44-km-long, 20-inch-wide

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