Johan Castberg, Polarled, Aasta Hansteen, Snefrid Nord, Askeladd and the exploration marketing campaign within the Barents Sea; multi-billion investments are lined up. This creates spin-offs. Thanks to the contract for ten Johan Castberg subsea templates Aker Solutions Sandnessjøen will improve its workforce from 20 to 50 over the subsequent two years.
Celebrations at Sandnessjøen when the information broke that Aker Solutions’ northernmost plant will ship the ten subsea templates for the Johan Castberg subject on 5 March. They will join a complete of 30 wells on the oil subject within the Barents Sea.
Six of the subsea templates will probably be delivered in 2019, and 4 in 2020.
According to forecasts the exercise will now return to the pre-price drop degree. The purpose, nonetheless, is additional development and a turnover of NOK 10 billion per yr from 2025. In order to place this purpose into perspective: In the interval 2010 to 2016 the provision trade in Northern Norway delivered NOK 29.eight billion price of products and providers to the oil and fuel trade. Kjell Giæver, managing director of the provider community for petroleum actions within the North, Petro Arctic, describes the contract awarded to Aker Solutions Sandnessjøen as one of many largest industrial contracts to Northern Norway from the oil trade ever. He thinks it represents a spin-off milestone.
“This will generate employment and add worth at Helgeland for a few years to come back,” he says.
After an annual development of between 10 and 20 p.c within the interval 2010 to 2015, additionally suppliers within the North had been hit by the oil worth decline and empty order books in 2016 and 2017. According to Giæver gross sales dropped from barely lower than NOK 6 billion per yr within the peak interval, to round NOK three.5 billion. At the identical time 2,000 to three,000 full-time jobs disappeared. (Source: Statoil and picture: Olaf Nagelhus/Aasta Hansteen platform on tow).

The put up STATOIL BIG INVESTMENTS IN NORTHERN NORWAY appeared first on Energy Global News.

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