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DETNOR/PON – Froy Field Redevelopment – Norway - Project Profile

DETNOR/PON – Froy Field Redevelopment – Norway - Project Profile

Synopsis

"DETNOR/PON – Froy Field Redevelopment – Norway - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "DETNOR/PON – Froy Field Redevelopment – Norway - Project Profile" is part of Timetric's database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary

The Det norske oljeselskap ASA (DETNOR) and Premier Oil Norge AS (PON) are jointly planning to undertake the redevelopment of Froy Field in the northern sea of Norway.

The project involves the redevelopment of an oil field. It includes the drilling of eight wells which will connect to a new jack up platform and the construction of production facilities, storage facilities and drilling of three new production wells and the installation of machines and safety equipments.

Froy will be developed with a jackup platform containing drilling and production facilities. Oil will be stored in a tank located on the seabed prior to offloading to shuttle tankers for transport to the market. The produced gas, together with water, will be injected into the reservoir as pressure support, thus enhancing recovery.

In September 2008, a plan for development and operation (PDO) of the field was submitted to the Royal Norwegian Ministry of Petroleum and Energy (NMPE).

In early 2009, NMPE extended the license period of PL 364 to 10 years until 2019.

In January 2010, Sevan Marine ASA (Sevan) was awarded a study contract. DETNOR entered into a Heads of Agreement with Teekay Petrojarl AS to lease a jackup production unit for the field.

EPC Offshore was appointed as the consulting engineer whose scope of work includes a comprehensive review of the gate deliverables Commercial, Contracts, Facilities, Subsurface, Wells, HSES, Cost and Schedule, Risk on the project.

DETNOR, prepared a renewed plan for development and operations (PDO) in 2010. The plan was to submit the revised PDO in 2010 with a FPSO concept. However, this was delayed in order to evaluate the possibility of using simultaneous water and gas injection (SWAG), rather than gas and water injection (WAG) only as a production strategy. The results from these studies indicated that SWAG only had a marginal impact on project economics.Scope

The project involves the redevelopment of an oil field and construction of related facilities in the Northern Sea of Norway.

The US$588 million project includes the following:

1. Construction of a gas metering station

2. Construction of storage tanks

3. Construction of a jack up platform

4. Construction of production facilities

5. Construction of other related facilities

6. Drilling of eight wells

7. Drilling of three new production wells

8. Installation of machinery

9. Installation of safety equipmentsReasons To Buy

  • Gain insight into the project.
  • Monitor the latest project developments.
  • Identify key project contacts.


1.Key Statistics
2.Key Dates
3.Sector
4.Tender Information
5.Scope
6.Description
7.Latest update
8.Background
9.Key Contacts
10.General News, Project News
11.Appendix

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