ABB wins $155 million order to power large North Sea oilfield

ABB, the leading power and automation technology group, has won an order worth $155 million from Norway’s Statoil to supply systems and equipment to two HVDC converter stations linking the recently discovered Johan Sverdrup offshore field with the onshore grid. The contract has been
booked in the first quarter of 2015.
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% of total oil production on the NCS. The four platforms that make up the first phase of the development will be entirely powered from shore by the HVDC link supplied by ABB. The first phase of power-from-shore investments will prepare for the future development of the Johan Sverdrup field, as well as other fields located at Utsira High until 2022.

“We are very pleased to be continuing our successful relationship with Statoil by delivering a third HVDC power-from-shore link,” said the president of ABB’s Process Automation division, Peter Terwiesch. “Using onshore electricity to run these oil platforms will eliminate the need for local gas-turbine power generation, significantly lowering CO2emissions as well as operating and maintenance costs. This order underlines ABB’s broad offering across the entire oil and gas value chain and reflects our focus on accelerating organic growth by increasing our customer focus.”