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Statoil CEO Eldar Sætre. Image courtesy of Statoil/Flickr.

Statoil said Thursday that it has started construction on the Johan Sverdrup platform.

The Norway-based company said construction on the vessel’s utility and living quarters platform began on Thursday.

The living quarters platform is the second of four platforms currently under construction as part of the project’s first phase.

“Johan Sverdrup is the biggest industrial project in modern times in Norway, and will create considerable value for society for generations to come,” Statoil’s project director for Johan Sverdrup Kjetel Digre said.

The platform will have the largest living quarters on the Norwegian Continental Shelf with a capacity for 560 people.

The field has an estimated life of 50 years and is expected to produce up to 3 billion barrels of oil equivalents.

Kværner’s sub-supplier Apply Leirvik on Stord will construct the accommodation module for the living quarters platform.

The utility and living quarters platform will also accommodate the field’s control and emergency center as well as some utility systems covering the whole field center.

Statoil awarded a joint venture between Kværner and KBR the engineering and construction contract for the topside of the utility and living quarters platform in June 2015.

The other modules for the utility and living quarters platform will be constructed at the Energomontaz Polnoc Gdynia, Mostostal Pomorze Gdansk, Mostostal Chojnice and Crist Offshore.

At the peak of construction work around 2000 Kværner employees will be involved in Johan Sverdrup deliveries, Statoil said.

The platform will be completed in the first quarter of 2019 and will then be installed on the Johan Sverdrup field using the world’s largest heavy-lift vessel, the Pioneering Spirit.

Statoil operates the Johan Sverdrup field with a 40 percent stake.

Sweden-based Lundin Petroleum holds a 22.6 percent stake, Norway-based Petoro holds a 17.36 percent stake, Norway-based Det norske holds a 11.57 percent stake and Denmark-based Maersk Oil holds an 8.44 percent stake.