A record platform on its way to the Valhall field

16 June 2019 – Today the topside for the Valhall Flank West wellhead platform is transported from Kvaerner in Verdal to the field operated by Aker BP. At the time of delivery, the platform sets a new standard for how complete an installation can be before sailaway.

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The platform is completed under the budget. The fast delivery contributes to a production start ahead of normal time schedule. The project also attracts attention among oil companies in many parts of the world, and is important for Kvaerner’s strategy to become a leading supplier of cost-effective, smaller platforms.

This project is the first project delivered by Aker BP’s alliance for construction of wellhead platforms. The client Aker BP and the main suppliers Kvaerner, Aker Solutions and ABB have worked in a joint organization, and with that reduced a lot of time, and achieved a better cost control compared with a traditional model where the client and the supplier have separate roles and responsibilities. The result is that Aker BP can start producing oil earlier than planned and create value faster.

- I am proud to confirm that in a close cooperation with our alliance partners we have reached all mile stones and project objectives. Today, only 14 months after cutting the first steel plates, the topside is ready for transport to the field exactly on schedule as planned. Together we have developed new solutions and implemented a series of improvements for safety, productivity and reduced level of costs in the project. Several oil companies are now considering this kind of developments in the coming years, and there is a positive interest in the platform solutions and the execution model that we have developed, says EVP in Kvaerner, Sturla Magnus.

Kvaerner’s delivery includes procurement, fabrication, sea-fastening and load-out, as well as offshore hook-up and commissioning assistance. The 2 000 ton topside will be hooked up to the steel substructure which was delivered from Kvaerner in April. The delivery has been executed with no serious damages to people or environment.

At the time of signing on 18 December 2017, the contract value for Kvaerner was close to NOK 1 billion. Around 650 people from Kvaerner, the alliance and subcontractors were working on the project at most. In addition more than 50 of our apprentices have accomplished large parts of their vocational training at Valhall Flank West.

- We are very pleased that the topside and substructure for Valhall Flank West are completed with no personal injuries at the same time as costs are below the initial budget. The short execution time also sets a new standard for future projects. The Valhall Flank West project demonstrates value creation through the alliance model where Aker BP and main suppliers work closely with common objectives, says Karl Johnny Hersvik, CEO in Aker BP.