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Press release from Det norske - The living quarters to the Ivar Aasen platform is ready for departure

LQ Load-out-4
29.06.2016 Apply Leirvik at Stord has built the Ivar Aasen living quarters module. The module, which weighs 2,300 tons and is 40 meters tall, is now placed on a barge in the harbour at Stord, and will later be lifted into place at the Ivar Aasen platform in the North Sea.

The living quarters on Ivar Aasen has seven floors and a total area of around 3,300 square meters. It has 70 single cabins, recreation areas, offices, hospital, control rooms and helicopter deck - all it takes to operate a small community offshore at Utsirahøyden. In addition comes two lifeboats and a man-overboard boat. Despite its volume and space, it weighs "only" around 2300 tons, which is due to the 10 lower meters that are made of steel, while the remaining upper 30 meters are built in aluminium.

“We are very pleased with the project and the work Apply Lervik has performed. The project is completed within time and budget, but above all, we are very happy with the excellent HSE standards shown. Several hundred men have worked without any lost-time injuries during the project since contract award took place in September 2013”, says Karl Johnny Hersvik CEO in
Det norsk.

Hersvik will Wednesday, 29 June at 12.30 participate in a ceremony at Apply Lervik at Stord to mark the completion and sail away - together with the personnel and management from Apply Lervik and representatives from Det norske.

The Ivar Aasen topside is currently on its way from Singapore to the North Sea.

- With the living quarter completed and the topside on its way from Singapore to the North Sea we are within schedule to achieve the goal of production start-up on Ivar Aasen around 1 December 2016, says Hersvik.

Ivar Aasen
The Ivar Aasen field is located west of the Johan Sverdrup field in the North Sea and contains approximately 204 million barrels of oil equivalent, including the Hanz discovery. The economic life of the Ivar Aasen field can be as long as 20 years, depending on oil prices and production trends. The operator is Det norske, holding a 34.8 per cent ownership interest.

Det norske
Det norske is a fully-fledged E&P company with exploration, development and production activities on the Norwegian Continental Shelf. We are building one of Europe’s largest independent E&P companies. Det norske is the operator of the producing Alvheim field and for the development of the Ivar Aasen field. The company is also partner in the Johan Sverdrup field. Det norske pursues an active exploration programme on the Norwegian shelf and has an ambitious strategy for continued growth. Det norske have Offices in Trondheim, Stavanger, Oslo and Harstad.

Det norske is listed on Oslo Stock Exchange.

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