BAKER HUGHES AND OCEAN INSTALLER WIN BALDER X SUBSEA CONTRACT
Baker Hughes and Ocean Installer AS announced that Var Energi has awarded BHGE and Norwegian subsea contractor Ocean Installer a subsea contract for the engineering, procurement, construction and installation of subsea systems and associated services for the Balder X project on the Norwegian Continental Shelf.
Under the contract, BHGE and Ocean Installer will engineer, procure, construct and install 16 new subsea production systems (SPS), umbilicals, risers and flowlines to the Jotun A floating production storage and offloading (FPSO) unit. BHGE and Ocean Installer will also carry out decommissioning work in the field.
“Our Subsea Connect approach is transforming the way we do business and bringing new efficiencies to subsea projects,” said Neil Saunders, President and CEO, Oilfield Equipment, BHGE. “Working closely with Vår Energi and Ocean Installer, we will deploy the key components of Subsea Connect, including early engagement, advanced field-proven technology, flexible partnerships and digital solutions to improve project economics. Our experience in the Balder field, local capabilities and leading technology solutions will support on-time delivery and strong project execution.”
The ongoing Balder X Project is focused on re-developing the Balder and Ringhorne fields in the North Sea. Redevelopment activities include refurbishing and relocating the Jotun A FPSO to extend the production life to 2045 and extending the life of the Balder FPSO to 2030. It also includes drilling 15 new production wells in the Balder field area and 11 new production wells in the Ringhorne field area.
The Balder field is located in PL 001 on the Utsira High in the North Sea – the very first license awarded on the shelf with first exploration drilling and first oil discovery offshore Norway.
The Balder field is developed with a floating production, storage, and offloading vessel (FPSO) and several subsea production systems. Production commenced in 1999, and Balder exports gas to Statpipe via the production vessel Jotun A.
Ocean Installer is a subsea company headquartered in Stavanger, Norway and with offices in Aberdeen, Houston, Dubai, and Perth. Ocean Installer holds strong EPCI expertise within the SURF (Subsea, Umbilicals, Risers, Flowlines) and Mooring segments.