Aquaterra Energy wins well construction work for Johan Sverdrup
STAVANGER -- Aquaterra Energy, a leader in global offshore engineering solutions, has been selected by Equinor to deliver early well construction operations, via its Well Start solution, for Johan Sverdrup field.
Johan Sverdrup is one of the largest offshore oil fields on the Norwegian continental shelf, with estimated reserves of up to 3.1 Bboe. As an early-stage development, Equinor requires a comprehensive solution for efficient and effective pre-drilling operations and a subsequent platform tie-back to minimize time to first oil.
Aquaterra Energy will engineer and supply nine complete strings of centralizers, associated equipment and tie-back engineering expertise.
Well Start handles all early well construction activities including third-party interfaces, engineering and equipment. Aquaterra Energy’s unique approach streamlines the supply chain, which minimizes the risk of delays, offering operators multi-million dollar savings in rig time and resources.
Aquaterra Energy will manage the work from its headquarters in Norwich and its recently-opened Stavanger office. The company is set to deliver the work in third-quarter 2018, with the first phase of production scheduled for late 2019.