AkerBP’s Valhall Flank West Development Progresses
This week the Valhall Flank West topsides was moved outside at the Kvaerner Verdal yard. The crane and helideck have been installed. First oil is slated for late 2019.
In January 2017, the Valhall and Hod fields in the southern Norwegian North Sea surpassed 1 billion BOE produced, which is more than three times the volume expected at the opening of the field in 1982. Another 500 million bbl is aimed for as production continues.
Valhall comprises a field center with six platforms and two unmanned flank platforms. The field is located in 70 m of water. Hod is tied back and remotely operated from Valhall.
The field was originally developed with three facilities for accommodation, drilling, and processing. The Valhall complex today includes six separate steel platforms for living quarters, drilling, wellheads, production, water injection, combined process- and hotel platform, respectively. These platforms are bridge-connected.
The Valhall Flank developments are two identical unmanned wellhead platforms each equipped with 16 drilling slots and located about 6 km (one to the north and one to the south) from the existing Valhall facilities where wellstreams are processed. The South Flank started production in 2003 and the North Flank came on stream in 2004.
Liquids are routed via pipeline to Ekofisk and further to Teesside in the UK. Gas is sent via Norpipe to Emden in Germany.
ExxonMobil Eyes Sale of Malaysian Offshore Assets
A month after it got out of Norway, Bloomberg reports that the company is working with advisers on a potential Malaysian sale, which could raise as much as $3 billion. ExxonMobil plans to divest around $15 billion in nonstrategic assets by 2021.
Qatar Petroleum Takes Over Pair of Offshore Fields from Oxy
As Oxy looks to divest billions in assets and focus more on its prime US shale fields, it sheds itself of the ISND and ISSD fields off the eastern coast of Doha. In announcing the lease loss last year, Oxy said the fields need significant infrastructural investment.
Production Starts From Johan Sverdrup
Phase 1 of the North Sea megaproject—Norway’s largest offshore development since the 1980s—has come on stream. Johan Sverdrup is expected to produce 660,000 BOPD at its peak.
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03 October 2019
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