Statoil awards asgard contract (norwegian)

Statoil awards asgard contract (norwegian) subsea gas compression

Statoil has awarded anything for that construction and designs from the Åsgard subsea gas compression to Aker Solutions. Anything may be worth an believed NOK 3,4 billion.

In October 2010 the Åsgard licence made the decision to go forward using its concept involving gas compressors placed on the seabed, so-known as subsea gas compression.

Åsgard could be the first installation worldwide to use seabed processing involving gas compression which represents an essential technological leap in the introduction of fields in deep and demanding waters.

Anything for that construction and designs from the subsea gas compression may be the greatest contract award around the imminent Åsgard development project.

“The growth and development of gas compression on subsea installations creates some exciting possibilities for that industry and our selection of concept continues to be met with great interest by Norwegian and worldwide suppliers. We’re searching toward working with Aker Solutions within the Åsgard development. The organization posted the very best bid, among worldwide competition,” states Vidar Birkeland, acting mind of procurement in Statoil.

The contract’s duration is going to be before the finish of 2014. The contracts for modification, pipelines, marine operations along with other major procurement products regarding the the Åsgard development is going to be awarded throughout next season.

Statoil awards asgard contract (norwegian) our greatest projects

“There still remain bulk both on Åsgard as well as in adjacent areas. Volumes that people won’t be able to create using current facilities and also the existing installation. With the aid of compressors we are able to recover NOK 28 billion cubic metres of gas and a pair of.two million cubic metres of condensate from Midgard and Mikkel. This will make Åsgard subsea compression our greatest projects around the Norwegian continental shelf (NCS),” states Ståle Tungesvik, mind of reserves and business rise in Exploration and Production Norwegian.

This is among the most significant measure we’ve implemented to be able to increase recovery from existing NCS fields. Subsea gas compression represents a substantial technological leap for that industry. With this particular technology in position we are able to significantly boost recovery rates and lifetimes for many gas fields.

Anything award is determined by an optimistic financial commitment because of be used within the first quarter of 2011.


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