Sif receives LOI from Kvaerner for manufacture of piles and leg sections for Johan Sverdrup production platforms

SIF has received a Letter of Intent (LOI) from Kvaerner Verdal for the production of 24 piles for the drilling platform and 20 piles and 20 leg sections for the production platform of the Johan Sverdrup project. Kvaerner Verdal is main contractor for the production of three of the four jackets that will be installed during the first phase of this large Statoil project. At present, production of the jacket legs and piles for the 27,000 tonne riser platform for Johan Sverdrup is also in full swing at Sif in Roermond.

The jackets for all three platforms will be assembled at Kvaerner's specialized production site in Verdal. Sif will transport the jacket leg sections by water directly from Roermond to the shipyard in Norway. The piles will be fabricated and stored in Roermond and shipped from Sif Maasvlakte 2 in Rotterdam.

About the Johan Sverdrup project

The Johan Sverdrup project, named after the Norwegian politician and prime minister, is located in the North Sea, 140 kilometres west of the Norwegian city of Stavanger. Once in production (start: 2019) it will be the largest oil field in the North Sea. Statoil was appointed operator in 2012. During the first phase four platforms will be placed in the sea, each with its own function and connected to the others by walkways.