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Study contracts awarded for Wisting field

Equinor has, on behalf of the Wisting licence partners, awarded contracts for concept studies to further progress the project towards a final concept select decision in 2Q2021 and final investment decision at the end of 2022.

The Wisting oil field is located in the Barents Sea and is estimated to hold some 440mn boe. A floating production unit based on a circular FPSO solution is to be assessed, with a focus on reducing the carbon footprint of production to the lowest extent feasible, perhaps through power-from-shore electrification.

Suppliers who have been awarded contracts in connection with the start of Wisting concept studies include Aker Solutions, KBR Sevan SSP and Aibel for the FPSO, and Aker Solutions, TechnipFMC, OneSubsea Processing, IKM Ocean Design and Kongsberg Maritime for the subsea production and processing equipment, umbilical, risers and flowlines (SURF).

Project partners are Equinor (35%), OMV (25%), Petoro (20%) and Idemitsu Petroleum (20%).

News Item details


Journal title: Petroleum Review

Countries: Barents Sea -

Subjects: Oil, Exploration and production

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