Alvheim haul for Aker Upstream, Friday June 18 By Knut Evensen
Norwegian contractor Aker Kvaerner has bagged a contract worth Nkr250 million ($37 million) to supply subsea equipment for the Marathon-operated Alvheim field development in the North Sea.
The contract includes wellheads, subsea trees and control systems. The first phase will include 11 wells, whereas Marathon is looking at a total of 15 wells.
The award is a bit surprising taking into account that ABB has been performing the subsea front-end engineering study.
Marathon plans to use divers to install the equipment rather than remotely-operated vehicles.
Tender documents for the subsea installation job landed on contractors desks in late May and contract award is expected towards the end of July.
Diver installation without templates is saving the operator a substantial amount of money.
Aker Kvaerner is also performing topsides and hull definition engineering for the MST Odin floating production, storage and offloading vessel that looks set to be placed on the Alvheim field. _______________________________________________________________
Marathon puts its faith in KOP Upstream, June 15
Marathon's Norwegian subsidiary has awarded a frame agreement to Aker Kvaerner covering subsea work for the oil company in the North Sea and Europe.
The pact names Aker Kvaerner offshoot KOP as the supplier of subsea wellheads, side valve trees, overtrawlable protection structures, production control systems and service support for subsea developments by Marathon in the region.
The first delivery under the agreement will be to Marathon’s Alvheim project, subject to project approval by the licence owners and application and approval of the plan of development and operation.
Located off the coast of Norway, the Alvheim project is part of the PL203 development that includes Kameleon, Boa, Kneler and East Kameleon.
KOP would play a central role in initiating the first oil from this development, the Norwegian company said. The initial order is likely to be worth Nkr250 million ($36.2 million) and consist of subsea production equipment for 11 wells.
KOP president Raymond Carlsen said: "This agreement and the award of Alvheim represent a significant win for us. PL203 and the surrounding area have a great potential for future subsea developments, and as such we are looking forward to working closely with Marathon over the years to ensure that these developments remain commercially attractive."
The Alvheim project will draw on KOP resources from both Aberdeen and Norway with a total of 40 people being employed during the execution phase. |