IKM bags Johan Castberg Subsea contract

Statoil has awarded the contract for Johan Castberg Subsea – Integration Pre-FEED and FEED Project with Options to IKM Ocean Design.

The contract includes Pre-FEED and FEED of pipelines, risers, cables, tie-ins and related structures on the Johan Castberg field. Furthermore, detail design and follow-on engineering are included as options along with EPC of pipeline related structures.

The contract has a duration of two years for the completion of Pre-FEED and FEED design, covering the SURF part of the development. Including options, the total contract period and value could extend to 7 years and NOK 200M, respectively. The engineering work will start immediately and will be run out of IKM’s Lysaker office.

IKM Ocean Design is a part of IKM Gruppen and is established with offices in Stavanger, Trondheim and Oslo.

The Johan Castberg field is located in the Barents Sea, approximately 240 km north-west of Hammerfest in northern Norway. The field development comprises the Skrugard, Havis and Drivis fields, all within Production License 532.

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