Ocean Installer Signs Johan Castberg Contract with Statoil
Friday 2 February 2018
Statoil ASA has awarded Ocean Installer a substantial contract for marine operations on the Johan Castberg project in the Barents Sea.
Johan Castberg is amongst the largest subsea projects ever to be developed on the Norwegian Continental Shelf. The field developments spans Skrugard, Havis and Drivis, located approximately 240 km from Hammerfest and 100 km north of Snøhvit. The field sits at water depths from 360 to 405 meters. The contract is significant in size and will extend Ocean Installer’s operations to the Barents Sea for the first time.
Ocean Installer will be involved with Johan Castberg throughout the entire development phase, until the floating production, storage and offloading (FPSO) unit is hooked up in 2022, with offshore operations in the summer seasons from 2019-2022.
Through this award, Ocean Installer will gain specific and unique experience in the far north region, which is expected to be a major growth area in coming years.
The project will be managed from Ocean Installer’s Stavanger office.