ABB bags $155 mn HVDC deal from Norway’s Statoil

ABB Global deals

ABB on Monday announced its $155 million deal to supply two high voltage direct current (HVDC) power convertors to Norway’s Statoil.

The ABB HVDC system will transmit energy over 200 kilometers from land to offshore platforms of Statoil’s Johan Sverdrup oil field development — linking the recently discovered Johan Sverdrup offshore field with the onshore grid, said ABB in a statement.

ABB said oil production at Johan Sverdrup, located west of Stavanger on the Norwegian continental shelf (NCS), is expected to start in late 2019. Full production is estimated at 550,000-650,000 barrels of oil equivalent per day, which would constitute 40 percent of total oil production on the NCS.

ABB Global deals

As per the deal, ABB will supply the four platforms that make up the first phase of the development. The first phase of investments will prepare for the future development of the Johan Sverdrup field, as well as other fields located at Utsira High until 2022.

“Using onshore electricity to run these oil platforms will eliminate the need for local gas-turbine power generation, significantly lowering CO2 emissions as well as operating and maintenance costs,” said Peter Terwiesch, ABB President for Process Automation Division.

ABB will supply and commission the equipment for two ±80 kilovolt 100 MW high-voltage converter stations.

Earlier, ABB won all four HVDC power-from-shore systems that have so far been ordered in the North Sea: Statoil’s Troll A, compressor 1 and 2, delivered in 2005; BP’s Valhall field, delivered in 2011; Troll A 3 and 4, currently under delivery; and now Johan Sverdrup.

Image source: ABB

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