Kværne wins $590m contract to upgrade Njord A platform in Norwegian Sea
Kværner has secured an engineering, procurement, construction (EPC) contract from Statoil to upgrade Njord A platform in the Norwegian Sea.
The NOK5bn ($590m) contract has been awarded for complete upgrade of hull and topside, which will allow Njord to produce oil and gas.
As per the plan, the the Njord A platform will be towed out on the field to start production at the end of 2020.
Kværner has sub-contracted Aker Solutions for upgrading semi-submersible Njord A platform in Norway.
Under the NOK1bn (117m) contract, Aker will involve in the EPC phase of Njord A platform, which will be carried out Kvaerner's yard in Stord.
Earlier, Aker provided concept and feasibility studies, in addition to front-end engineering and design (FEED) work for the Njord upgrade.
Njord A includes an integrated deck with drilling and processing facilities, as well as living quarters. The oil was recovered using 11 production wells during the first phase of the field’s lifetime.
Statoil project development head Torger Rød said: “The Njord partners have reached an important milestone in the process of upgrading the Njord A platform for further production. I am very pleased that we today can sign this contract with Kværner here at Stord.”
Aker Solutions CEO Luis Araujo said: "We're excited to continue our work with Kvaerner and Statoil on this landmark project, which will enable the Njord field to keep producing oil and gas for several more decades."
Image: Kværne has sub-contracted Aker Solutions for upgrading semi-submersible Njord A platform. Photo: courtesy of Thomas Sola / Statoil.