Aibel wins Johan Sverdrup contract

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Aibel wins Johan Sverdrup contract

Aibel has been awarded the EPC contract for the deck of the drilling platform on the Johan Sverdrup field. The contract has an estimated value of NOK 8 billion.

“The fact that Aibel has won this prestigious contract proves that we can assert ourselves in keen competition, that we have a sound implementation model and the necessary expertise and experience. We have tailored the organisation to undertake efficient new structure projects, are highly motivated, and are looking forward to get started on this extensive and important industrial project in cooperation with Statoil,” says CEO and President in Aibel, Jan Skogseth.

The contract, which will be managed from the company’s Oslo branch, offers a variety of interesting tasks. It includes both engineering, procurement and construction (EPC), and will involve more than 3,000 associates at its peak. Work will start immediately.

The platform deck for the drilling platform will comprise three modules. Aibel is to build the largest module, the main support frame (MSF), at the company’s yard in Thailand. The drilling support module (DSM), which is the second largest, will be built at the company’s yard in Haugesund. The final module, the drilling equipment set (DES), will be built by partner Nymo in Grimstad.

Work on combining the three modules will start in the autumn of 2017. This will take place at the company’s yard in Haugesund. The finished platform will be handed over to Statoil in the second quarter of 2018.

The contract has an estimated value of NOK eight billion. In addition to Nymo, who will build one of the modules, Odfjell and National Oilwell will also make important contributions. CEO and President Jan Skogseth is confident that Aibel will make the project a success for Statoil.

“The Gudrun and Troll projects proved that we are capable of delivering major EPC projects. Since then, we have optimised the implementation model and worked hard to streamline the organisation and work methods. Winning this prestigious project gives us a unique opportunity to make good on our ability to deliver,” he says.

Aibel estimates using almost 6,000 man-years on the Johan Sverdrup project, shared between the various disciplines. In addition there will be all the spin-off effects at and around the areas where the project will be carried out.

Source: www.aibel.com

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.