Norwegian authorities have formally accepted the plan for improvement and operation (PDO) of the second section of the Johan Sverdrup subject, Equinor introduced on Wednesday.

The Norwegian power firm stated the NOK 41 billion ($four.7 billion) undertaking obtained broad help in Norway’s parliament on the finish of April, and as we speak the partnership obtained the formal approval by the Norwegian Ministry of Petroleum and Energy (MPE).

“This is a giant day for Equinor and the opposite Johan Sverdrup companions comprising Lundin Norway, Petoro, Aker BP and Total,” stated Anders Opedal, govt vice chairman for Technology, Projects and Drilling in Equinor. “This actually marks the start of the second improvement section.”

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Johan Sverdrup is the most important subject improvement on the Norwegian continental shelf because the 1980s. Phase two of the event, with deliberate start-up within the fourth quarter of 2022, will improve subject manufacturing from 440,000 barrels of oil per day to 660,000 barrels per day.

In addition to development of a brand new processing platform (P2), the second improvement section can even embrace modifications of the riser platform, 5 subsea techniques, and preparations for energy provide from shore to the Utsira High in 2022.

In March Equinor awarded a contract to TechnipFMC for the assemble and set up the section 2 subsea manufacturing system, together with 5 templates and a complete of 18 X-mas timber with related parts.

Aibel, which is performing engineering, procurement and development (EPC) of the P2 topside, on Wednesday began development at its yard in Haugesund, Equinor stated.

A three way partnership between Aker Solutions and Kværner will carry out EPC of a utility module for the riser platform, subject heart modifications, and set up and hook-up actions associated to the section 2 improvement.

The first section of the Johan Sverdrup improvement is sort of 90% full, and manufacturing is predicted to begin in November this 12 months, Equinor stated.

The Johan Sverdrup subject is powered from shore, inserting it among the many oil and gasoline fields with the bottom CO2 emissions on this planet. In the second section the sector can even provide shore energy to different fields on the Utsira High, together with the Edvard Grieg, Gina Krog and Ivar Aasen fields.

Source: www.oedigital.com

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