Preparing for Sail Away for Johan Castberg FPSO
This week, top management from Equinor, Petoro, Vår Energi, Aker, Aker Solutions, the Norwegian minister of finance and mayors from Stord, Harstad and Hammerfest together with all employees at Aker Solutions Stord celebrated Johan Castberg FPSO's upcoming departure from Stord after two years quayside.
This summer the ship will be towed to the Barents Sea for planned start up Q4 2024. More than 82 percent of the revenue from Johan Castberg goes to the state.
About Johan Castberg
The Johan Castberg field is located approx. 100 kilometres north of the Snøhvit field in the Barents Sea.
The resource base for developing the Johan Castberg field consists of the three oil discoveries Skrugard, Havis and Drivis, all of which are located in production licence 532.
The field is scheduled to start up in Q4 2024, and will produce for 30 years.
Development Solution
The field development concept includes a production vessel and an extensive subsea development, with a total of 30 wells distributed across 10 subsea templates and two satellite structures.
The production vessel will be a so-called FPSO with subsea solutions. The expected recoverable resources are estimated at 450—650 million barrels of oil equivalent.
On the sea surface, you will see an anchored production vessel, a so-called FPSO. But it is underwater that the real size of the field presents itself.
Johan Castberg is a major subsea field and is important for potential further development and infrastructure in the Barents Sea.
Operations of Johan Castberg will be handled using a supply and helicopter base in Hammerfest and an operating organisation in Harstad.
The Johan Castberg field development provides important infrastructure in a new oil province in the Barents Sea, and new volumes have been discovered in the area.
Five more discoveries are being considered tied in to Johan Castberg and we plan for further exploration in the areas around Johan Castberg in the years to come.