Kvaerner has signed a contract with Equinor for delivery of the steel substructure for the Johan Sverdrup Phase 2 process platform.
The deal will see Kvaerner deliver the fourth substructure for the Johan Sverdrup Field, one of the world's largest ongoing offshore projects. The value of the contract is approximately US$1.8 million (NOK 900 million).
The steel jacket substructure for the Phase 2 process platform is to be delivered from Kvaerner's specialised facility in Verdal, Norway during spring 2021.
The new delivery includes engineering, procurement and fabrication. Kvaerner will also perform load-out and sea-fastening of the complete steel jacket substructure on a barge before sail-away to the field.
"The award of yet another contract won in international competition confirms Kvaerner's position as one of the industry's leading contractors for steel jacket substructures. Through a very effective cooperation with Equinor, we delivered all these three platform substructures to agreed quality, schedules and budgets ", says Kvaerner's President & CEO Karl-Petter Løken.
"With the delivery of the substructure for Johan Sverdrup Phase 2 combined with the other order backlog, we have a good foundation for continuous improvement and long term planning around future development of Kvaerner in Verdal", says EVP Structural Solutions Sturla Magnus.