As of Monday afternoon, operator
"This is truly a delivery worthy of respect. The alliance has worked together as one strong team. Not only have they delivered on the ambition of making the safest project ever, but the alliance is also delivering ahead of schedule and within budget," says CEO Karl Johnny Hersvik in
The Plan for Development and Operation was submitted in
The strategy delivers
Valhall Flank West is a wellhead platform that will normally be unmanned. It receives power from shore via the Valhall field centre. This is in line with
The platform has been delivered with the world's first electric lifeboat. The lifeboat is monitored from the Valhall field centre. Both the crane and seawater pump are electric and receive power from the field centre. All of this contributes to reduce maintenance.
"Valhall Flank West is a benchmark for good project execution. Reorganisation of the value chain through strategic partnership and alliances is an important part of
The following alliances have been involved in addition to the wellhead platform alliance:
· Subsea alliance between
· Modification alliance between
· Alliance for jack-up rigs between
Efficient and no harm
A significant scope of modification work has been carried out on the Valhall field centre. The subsea alliance has been responsible for the work to tie Valhall Flank West to the field centre through pipelines, power cables and umbilicals. The Maersk Invincible rig came to the field in July, and the first two wells were drilled and completed in record time. The "single trip multifrac" technology has been used for better and faster well stimulation.
"It's impressive to see the results achieved in the project. Together with our alliance partners, we are demonstrating a reduced number of engineering hours, reduced costs and reduced construction time compared with similar projects. And most important of all, this work has been performed without any serious harm to people and the environment," says
"We also see that we can extract even more improvement, efficiency and value creation through the alliance model in future projects. This is very motivating," Sandvik adds.
Heading for another billion barrels
The gigantic Valhall field has produced more than one billion barrels of oil equivalent since the field was opened in 1982. The ambition is to produce another billion barrels over the next 40 years.
"Valhall Flank West is an important contribution to achieving our ambition for Valhall. The plan calls for the field to contribute close to 80 million barrels of oil equivalent to Valhall's production," says Kjetel Digre, SVP Operations &
The partnership has invested
"
Contacts:
Investor contact:
Media contact: Ole-Johan Faret, Press Spokesman, tel.: +47 402 24 217
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https://news.cision.com/aker-bp-asa/r/alliance-project-valhall-flank-west-starts-production,c2992110
https://mb.cision.com/Main/1629/2992110/1162897.pdf
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