Norwegian state-owned energy giant Equinor is looking forward to the arrival of a new floating production, storage, and offloading (FPSO) vessel at its oil project in the Barents Sea, where the FPSO unit will start its three-decade assignment off the coast of Norway, reports offshore energy.
PDO
The submission of a plan for development and operation (PDO) for the Johan Castberg project in 2017, with a cost estimate of NOK 57 billion (close to $5.3 billion), made it clear that the project would be brought to life as a subsea field with 30 wells distributed on ten templates and two satellites tied back to the FPSO Johan Castberg.
Once the last mooring line that tied the FPSO to the quay at Aker Solutions in Stord was cut on May 30, the vessel left for sea trials in Klosterfjorden, before beginning its journey of close to 1,000 nautical miles from the Norwegian west coast to the Barents Sea, which was slated to take place at the end of summer.
Daily production capacity
With a daily production capacity of close to 190,000 barrels, the over 300-meter long, 120-meter tall FPSO with a bright orange hull is now on its way to the Johan Castberg field, which is located around 100 km north of the Snøhvit field in the Barents Sea, 150 km from Goliat, and almost 240 km from Melkøya in Hammerfest. The water depth at the site is 360-390 meters.
In addition, Equinor has already confirmed plans for further exploration in the vicinity during the years ahead. The operation of Johan Castberg will be serviced by a supply and helicopter base in Hammerfest and an operations organization in Harstad.
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Source: Offshore energy
