OSM Offshore has agreed to enter into a 6 years contract with Norwegian energy company Statoil Petroleum AS to operate the Heidrun FSU.
The Heidrun FSU is currently being built by Samsung Heavy Industries at the world’s second-largest shipyard in Geoje Island, Republic of Korea and is expected to be on location at the Heidrun field in the first half of 2015.
The contract between OSM Offshore and Statoil Petroleum for full management of the Heidrun FSU is a long-term contract with options for further extension until 13 years.
The Heidrun FSU will be permanently connected to a buoy, and the oil will be lifted from the FSU by use of shuttle tankers. The FSU will be permanently manned and has an expected design life of 30 years
.