ABB, Statoil sign deal for Norway offshore oilfield development

Author: Spencer Ogden
Date posted10/Feb/2017
Author: Spencer Ogden

ABB has been awarded a contract to provide safety and automation systems for Statoil at the Johan Castberg oilfield off the coast of Norway. 

Johan Castberg oilfield hosts proven resources of 450 million to 650 million barrels of oil, with the field estimated to produce oil for a further 30 years.

ABB oil, gas and chemical business managing director Per Erik Holsten comments: “We appreciate to be involved at such an early stage in the project. Together with Statoil, we can immediately develop standard design solutions using our world-class 800xA safety and automation system.

At present, ABB engineers are conducting front-end engineering and design (FEED) in collaboration with Statoil.

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