Study win for Sevan

Norwegian floating production player Sevan Marine has won a study contract with Statoil for the Barents Sea Skrugard and Havis oil discoveries.

The project is set to become Norway’s second oil development in the Barents Sea and the country’s northernmost field.

The Eni-operated Goliat field is due on stream in 2013 using the characteristic cylindrical Sevan floating production, storage and offloading unit design.

Sevan will carry out the study over the next 12 months. Operator Statoil and partners Petoro and Eni aim to choose a development concept in the middle of 2013, with production start-up targeted for 2018.

Skrugard was found a year ago, and Havis early this year. Statoil estimates that the two discoveries combined hold between 400 million and 600 million barrels of oil equivalent.

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