Aker BP has awarded the development contract for the Lyra field to Subsea7 for a maximum value of $300 million. The Lyra field, previously known as the Kjøttkake field, is located in the North Sea and aims to produce its first oil in 2028, just three years after the field's discovery.
Details of the Lyra Field and Development Plans
The Lyra field is located approximately 44 kilometers from the Gjøa platform, and its connection to the Gjøa platform will be facilitated through the existing infrastructure of the Nova field. Subsea7's responsibilities include engineering, procurement, construction, and installation (EPCI) of gas lift pipelines and production pipelines, along with related subsea infrastructure. The design of the production pipelines will be done in a pipe-in-pipe configuration, which will enhance the efficiency and safety of the project.
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Project Timeline and Execution Phases
To maintain the accelerated project timeline, Subsea7 has received a pre-commitment for key long-lead items in December 2025. Project management and engineering will commence immediately at the company's office in Stavanger, and pipeline construction will take place at the Vigra spool base in Norway. Offshore installation is scheduled to occur using vessels from Subsea7's fleet in 2026, 2027, and 2028.
Erik Femsteinevik, Vice President of Norway at Subsea7, stated: "Lyra represents the strength of Aker BP's subsea alliance. From sourcing long-lead items to reallocating engineering, construction, and marine resources, this contract showcases Subsea7's ability to deliver first oil at an exceptional pace." This alliance includes collaboration between Aker BP, Subsea7, and OneSubsea.
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