K2 Project Forwarding keeps Norwegian CCS project on track
K2 Project Forwarding together with deugro Brazil have arranged the delivery of Xmas trees and an FCM spare on behalf of Aker Solutions. The cargo is destined for a major CO2 carbon capture and storage project.
K2 Project Forwarding, a joint venture between Peak Group and deugro group, made sure that six Xmas trees and an FCM spare are delivered to CCB Ågotnes (Bergen) and Polarbase in Hammerfest. The Xmas trees destined for Ågotnes are for the Equinor Breidablikk subsea project and the Northern Light project, a part of the Norwegian full scale carbon capture and storage project, Longship CCS.
The Northern Light Project, owned by Equinor, Shell and Total compromises transportation, receipt, and permanent storage of 1,5 million tons of CO2 per year and is the first license for storage of carbon emissions at the Norwegian Continental Shelf.
Investment in the Breidablikk field in the North Sea is approximately $1.8 billion, with production scheduled to start in the first half of 2024. Equinor and its partners Petoro, Vår Energi and ConocoPhillips Skandinavia, estimate the field holds around 200 million barrels of oil.
The Breidablikk development will include a subsea solution of 23 oil producing wells from four subsea templates. The field will be tied back to the Grane platform for processing before the oil is piped to the Sture terminal, according to Equinor.
The transport of the six Xmas trees and the FSM spare was planned and executed together with dteq in Brazil and Fjeld Consultant in Norway, preparing an end-to-end method statement including seafastening design and lifting arrangement in all ports.