The Swedish operator has handed both the topsides and jacket contracts for the field off Norway to home-grown contractor Kvaerner, bucking the trend of recent fabrication awards by the likes of Statoil to mainly South-East Asian yards where costs are perceived as lower.
Debunking conventional wisdom, managing director of the Lundin Norway subsidiary Torstein Sanness contended that, while construction costs at South Korean yards are lower, this is offset by a higher risk of delays, less Norsok expertise, increased transport requirements and a need for more personnel to monitor project progress.
He
