Vår Energi contracts Rosenberg Worley to extend life of Jotun FPSO

Norway’s Vår Energi has awarded an engineering, procurement, construction and installation contract to Rosenberg Worley for the lifetime extension of the Jotun FPSO.

The extension will see the FPSO operating at the Balder field until 2045.

Kristin Kragseth, CEO of Vår Energi, commented: “We are very happy to award this important contract to Rosenberg Worley AS, providing local job opportunities in a highly competitive and competent oil and gas service environment. Extending the life of the Jotun FPSO towards 2045 in the Balder Future Project is key in enabling Vår Energi’s future growth plan, ensuring Norway’s first offshore license, PL 001, a life span of 80 years.”

Next year, the FPSO will be transported to the Rosenberg Worley yard in Stavanger for a period of 15 months and then moved offshore for installation at the Balder Field.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.
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