Aker Kvaerner Gets Subsea Contract

Thursday, November 29, 2007
StatoilHydro on behalf of the Morvin license group, awarded Aker Kvaerner a contract for the engineering, procurement and construction (EPC) of a complete subsea production system for StatoilHydro's Morvin field in the Norwegian Sea. The contract, worth approximately $181m is a testament to Aker Kvaerner's unique high-pressure/high-temperature (HPHT) subsea technology.

The Morvin contract is an addition to the scope identified in the frame agreement signed by Aker Kvaerner and StatoilHydro in September this year. The subsea production system for the Morvin field will consist of two four-slot manifolds, three horizontal subsea trees, production control system, steel tube umbilicals, tie-in system and intervention tools. The technology is designed to handle pressures up to 15000 psi and temperatures as high as 170° degrees. The solution will be based on the technology used at the nearby Kristin field, another HPHT project delivered by Aker Kvaerner.

The Morvin field, operated by StatoilHydro, lies on the Halten terrace in the Norwegian Sea. It is located approximately 20 km west of the Ã…sgard B platform, some 200 km west of mid-Norway. Final delivery for the project is May 2009. Manufacturing will be conducted at Tranby, Moss and Egersund, Norway; Aberdeen, UK; Batam, Indonesia; and Port Klang, Malaysia.

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