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Home›Business & Finance›Heerema lands jacket construction deal for North Sea platform
Business & Finance

May 26, 2023 · about 3 years ago

Heerema lands jacket construction deal for North Sea platform

Heerema Fabrication Group has been hired by Aker BP for the procurement and construction of a jacket destined for a North Sea platform.

3 minutes read
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Munin; Source: Aker BP

Dutch engineering and fabrication contractor Heerema Fabrication Group Vlissingen has been hired by Aker BP for the procurement and construction of a jacket destined for a platform, which will be deployed at a recently sanctioned development in the North Sea offshore Norway.

Aker BP has awarded a contract for the procurement and construction of the Munin jacket in the Yggdrasil area to Heerema Fabrication Group’s Vlissingen yard in the Netherlands. The contract was signed on 23 May 2023 and the jacket delivery is slated for 2025. Aibel is in charge of delivering the topsides for the Munin unmanned production platform in the northern part of the Yggdrasil area in the North Sea.

Peter Kupka , Aker BP’s Project Director, remarked: “This is an important contract for the Yggdrasil development. With this award, we have placed all major fixed facilities contracts in the Yggdrasil area, and we are in line with our execution plan. Heerema Fabrication Group Vlissingen is an experienced international contractor with a solid track record. I am very pleased that they will contribute to Yggdrasil and look forward to starting the execution phase for the Munin jacket.”

Furthermore, Aker Solutions is expected to do the detailed engineering of the jacket, which will be fabricated at the Heerema yard in Vlissingen. The jacket procurement activities are expected to start in the autumn while the construction is set to start at the beginning of 2024.

Richard Spronk , Heerema Fabrication Group Vlissingen’s Yard Director, commented: “We are very pleased to be awarded this contract by Aker BP for the procurement and construction of the Munin jacket. Constructing sizeable jackets is core business for Heerema Fabrication Group and we are looking forward to working together with Aker BP on this project.”

While the Munin jacket weighs 5.800 tonnes, its height is 130 meters, and it will be installed in a water depth of 105 metres with eight piles of 60 metres used to secure the jacket to the seabed. The installation of the jacket is planned for 2025, and Aker BP has secured lifting capacity for all the installations in the Yggdrasil area.

“We have now secured the execution plan for the Munin jacket from start of engineering to installation. Heerema will also be responsible for the installation of the jacket performed under a separate contract between Aker BP and Heerema Marine Contractors. Well done to all involved,” added Kupka.

This jacket deal comes on the heels of Aker BP’s announcement about a new oil discovery situated in the Yggdrasil area, which is anticipated to enhance the resource base for the Yggdrasil development, consisting of the Hugin, Fulla and Munin licence groups. This area is located between Alvheim and Oseberg in the North Sea and contains a total of around 650 million barrels of oil equivalent.

Aker BP and its partners, Equinor and PGNiG Upstream Norway, made a final investment decision to develop the Yggdrasil area in December 2022 and submitted plans for development and operation (PDOs) to the Norwegian Ministry of Petroleum and Energy. The total investments for the Yggdrasil project are estimated at NOK 115 billion or over $10.4 billion.

While Aker BP entered agreements amounting to over NOK 50 billion (more than $4.5 billion) with alliance partners and suppliers, all agreements and contracts are conditional on the Norwegian authorities approving the PDOs.

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