Odfjell Drilling awarded sub contract

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Odfjell Drilling awarded sub contract

Odfjell Drilling has been awarded the drilling engineering sub contract for the Johan Sverdrup drilling platform topside. Odfjell Drilling will be one of Aibel’s major sub-contractors for their engineering, procurement and construction (EPC) contract for the Drilling Platform Topside of Johan Sverdrup in the Norwegian North Sea.

“We are delighted with this contract award from Aibel and the confidence they have shown in our capacity and competence in drilling facility engineering. Odfjell Drilling has worked systematically to build a capacity in drilling facility engineering for new field developments. Our cooperation with William Jacob Management in Houston is key element in this strategy. The award of the Johan Sverdrup contract is a milestone in our development as a leading drilling facility engineering provider. By choosing Odfjell Drilling, Statoil and Aibel will benefit from our more than 40 years’ experience in design, development and operation of offshore drilling facilities”, says Kurt Meinert Fjell EVP Odfjell Drilling Technology.

The contract runs until 2018 and will involve approximately 50 engineering professionals working in various degrees of the project. The contract has an estimated value of about NOK 110 million.

Work will start immediately.

The overall project is being delivered to Statoil as operator for the Johan Sverdrup license. The total project will involve more than 3000 associates at its peak, and is estimated for 3 years. The handover of the finished platform topside will be in the second quarter of 2018. The total contract has an estimated value of NOK 8 billion.

The Johan Sverdrup field is one of the largest discoveries on the Norwegian shelf. The first phase will be developed with four installations including housing, one drilling, one riser and a process platform, and three subsea templates for injection.

In addition to Odfjell Drilling, National Oilwell and Nymo will make important contributions to the building of the platform deck.

Source: www.energyglobal.com

Link http://tinyurl.com/ld42zuu

Moving Abroad Checklist

Initial Considerations

Will your partner be travelling with you?

If so, what will they be giving up in your present home and will they be able to continue with their career in your new home? You will need to check whether a separate visa is required for your partner to work or if your visa gives that right. If they are unable to work you will need to decide on the effect on your finances and what alternatives are available to give a fulfilling life (home business, training, voluntary work).

Are you taking family with you?

Moving with family raises many exciting opportunities, but also can create challenges. The HSBC Expat Explorer survey indicates that expat kids can take six months to settle in to their new country (see article). Getting young or even older children to prepare to move and leave their friends and family behind can be a challenge and should be thought through.

The options for education is another area that needs to be thought through.

Moving your child to a new country with a different education system can be a great opportunity to broaden their experience, but if they are close to key exams the timing can make this inadvisable. If you do take your family with you, it is important to decide between joining the local school system or choosing an international school.

Where will you be living?

Whether you will be living in a house or apartment, furnished or unfurnished, these decisions will affect what you need to take with you. The time you are planning to live overseas will also affect whether you should leave your property at home empty, rent it out or sell it. See the article Sell, Store or Ship.