Aker Solutions won a $590 million engineering contract Wednesday from Norway’s Statoil for work at the Johan Sverdrup field in offshore Norway.
Norway-based Aker will provide engineering and procurement management for the riser and processing platform topsides for the field’s first phase in addition to hook-up work and gangways for the entire field.
The deal also covers engineering and procurement management until the field’s scheduled production start in 2019.
The contract award is conditional on an investment decision for the Johan Sverdrup development in February 2015 and is subject to Statoil winning government approval for its development and operation plan.
“The Johan Sverdrup field development is of great importance, not just to Statoil and our partners, but also to the supply industry and society,” Statoil executive vice president Arne Sigve Nylund said.
In 2013 Aker was awarded a front-end engineering contract for all four platforms that make up the Johan Sverdrup field center.
The field is expected to account for 25 percent of combined production on the Norwegian Continental Shelf.
The Johan Sverdrup field was discovered in 2010 in the Norwegian North Sea, 86 miles west of Stavanger in water depths of 360 feet.
Peak production is projected to reach between 550,000 to 650,000 barrels per day.