Looking for a specific product?

Make a search for products & suppliers, articles & news.

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

SAR Celebrates 2nd anniversary in Kuwait

SAR Celebrates 2nd anniversary of operation in Kuwait.

SAR AS Celebrates 30 years of operation!

The history of SAR goes 50 years back to the late 1960s with the company Septik Tank Co. 

Ready to conquer the world with Hansen Protection Helicopter pilot suits

In 2017, for the first time in the history of helicopter sport, the World Cup in Helicopter Races is going to be held. It is going to take place in 7 countries, and starts on Friday April 7th in Konakovo, Russia.

SeaBass Fisherman's Work / Flotation Suit

SeaBass is a waterproof, buoyant work suit for anyone working on or around water.

Improved Surface Rescue Preparedness can Save Lives

A significant part of the Norwegian fire and rescue services lack good apparel for use in surface rescue operations. This can mean the loss of valuable time in rescue operations in water, and experts now call for a change ...

Historical contract for Norwater AS!

The excitement was at its height at Norwater AS in Høylandsbygd on Wednesday last week. The company signed its biggest contract in history, in strong competition with both Norwegian and foreign competitors. The order book ...

Export Credit Norway Finances Production of Ready-to-use Therapeutic Foods in South Africa

Since being founded in 1948, the Norwegian company GC Rieber Compact has developed into a leading supplier of ready-to-use therapeutic foods to customers such as Doctors Without Borders, the Red Cross, the World Food Progr...

Peru Corporate Day

On 26th September, Oslo Chamber of Commerce will for the first time receive a technological business delegation from Peru to Norway, led by PROMPERÚ.

New contract for delivery of Servogear CPP

The Servogear installation includes CPP propellers,