Oil&Gas: New permanent storage unit for Heidrun

Norway's Statoil has issued a letter of intent to Samsung Heavy Industries for the construction of a new permanent floating storage unit (FSU) for the Heidrun field in the Norwegian Sea.

 

The contract is worth an estimated USD 230 million and includes options to buy two additional units. The new storage unit will replace the existing buoy loading system on the field.

The Heidrun field has been developed with a floating tension leg platform with a concrete hull and has been on stream since 1995. Oil from the field has since the start been exported via a buoy loading system consisting of two buoys and purpose-built shuttle tankers.

The new FSU will be permanently connected to a buoy, and the oil will be lifted from the FSU by use of shuttle tankers. The FSU will be permanently manned and has an expected design life of 30 years.

"Our ambition is to maintain Heidrun production at least until 2045," says Morten Loktu, Statoil's head of the operations north cluster on the Norwegian continental shelf. "To reach this goal we need robust systems on board and efficient and secure oil export solutions. The new storage unit will provide such an efficient and robust oil storage solution in the Heidrun area."

The unit will be built by Samsung at the world's second-largest shipyard in Geoje Island, Republic of Korea. Engineering will start immediately and the unit is expected to be on location at the Heidrun field in the first half of 2015. Statoil has also secured options to buy two additional storage units for use on other fields if required.

Associated companies:


Related news

Latest news

Jotne Subsea Gas Lift for Balder Field

In April 2015, Jotne E&P was awarded an EPC contract to build the subsea gas lift manifold for Exxon Mobil on the Balder Field.

Jotne Awarded Contract for Subsea Protection Structure

In January 2016, Jotne E&P was awarded a contract for the delivery of a subsea protection structure and GRP cover for a Xmas tree at Balder field. The contract was awarded by Ocean Installer.

UiB and CMR in high-tech collaboration

Students from UiB last month joined an experiment with an ultra-high-speed camera. This was a part of the troubleshooting of the Field Kelvin Probe currently under development.

Hatteland Display at International Workboat Show 2016

Hatteland Display are highlighting its diverse portfolio of maritime displays and panel computers on its booth (#1658) at the International Workboat Show 2016 (IWBS 2016) this week.

Servogear Announces Upcoming Events

Servogear announces a busy end of November, beginning of December. They will be participating at important international exhibitions.

Teamtec and ANDRITZ Cooperation

ANDRITZ and TeamTec have signed a cooperation agreement for worldwide marketing of the SeaSOx exhaust gas cleaning system for the maritime industry. 

Export Credit Norway looking for Norway's Best Exporter

Export Credit Norway  has now opened the nomination process for the 2017 Export Award, searching the Norwegian exporter of the year. 

Global Economic Outlook

7 December, Oslo Chamber of Commerce invites to a session with insightful updates on the Norwegian and international economy.

Rebuilding for Hydrogen

M/Y “Che Guevara”, previously owned by Gaddafi, will be converted to run on hydrogen. Greenstat will lead the project and are seeking partners.