Equinor will use Altera Infrastructure’s Petrojarl Knarr floating production, storage and offloading vessel to develop its Rosebank oil and gas discovery in the UK West of Shetland region after signing a key contract with the Norwegian floating production contractor.

"We can confirm that we, on behalf of the Rosebank partners, have signed a FEED agreement for redeployment of Petrojarl Knarr with Altera," an Equinor spokesman told Upstream on Wednesday.

Multiple sources also told Upstream that Altera is days away from awarding Aker Solutions a contract to perform the front-end engineering and design aspects of the contract.