Topside modifications at Åsgard

(Press Release)
Monday, June 20, 2011

Statoil awarded Aker Solutions an engineering, procurement, construction and installation (EPCI) contract for subsea compression topside modifications on the Åsgard field.
The Åsgard licence has decided on a concept involving gas compressors installed on the seabed, so-called subsea gas compression. The purpose of the modification is to supply electricity to the Åsgard subsea compressor units, which will be installed in 2013.
Åsgard is the first installation worldwide to employ subsea gas processing involving gas compression and this represents an important technological step change in the development of fields in deep and demanding waters and creates exciting opportunities for the industry.
“This modification work is important for the development of gas compression on subsea installations. Aker Solutions has earlier  been awarded the contract for developing the full scale subsea compression system. We look forward to working together with them in more aspects of the Åsgard development”, says vice president of project procurement in Statoil, Vidar Martin Birkeland.
Scope of work includes building and installing an 800 tonne new module and integration work on the Åsgard A and B platforms in the North Sea. Delivery is set for Q4 2014. Estimated contract value is approximately NOK 650 million.
“This is an important measure to extend the producing life of the Åsgard A platform, which will in turn increase recovery from the existing field. Subsea gas compression is a technology approach which can boost recovery rates and lifetimes for several gas fields”, says Astrid Jørgenvåg, vice president for Åsgard production in Development and Production Norway in Statoil.
The contracts for pipelines, marine operations and other major procurement items in connection with the Åsgard development will be awarded in the course of the year.

 

Source: Statoil

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter April 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Great Lakes Inks M.E., N.C. Coastal Protection Project Deals

Great Lakes Announces $55 Million in Subcontract Work in the Middle East and Award of $38 Million for a Domestic Coastal Protection Project Great Lakes Dredge

Olympic Subsea Vessel Bags Contract

Olympic Shipping has secured a contract for Olympic Delta, an inspection, maintenance and repair (IMR) vessel, with an international client  to work on a renewable energy project.

Asia Tankers-VLCCs Rates Ease as Tanker Jams Fade

Port congestion eases at Basra and Chinese ports; tanker demand set to expand on lower oil prices. Freight rates for very large crude carriers (VLCCs), hurt by slower-than-usual release of cargo,

Offshore

Shipping Industry Flying On The Dragon’s Back

As the many Greek players in the shipping industry know well, the legend of Icarus tells us the dangers of flying too high. Merchant vessel earnings eventually

Subsea 7 Profits Dip in Q1

Subsea 7 S.A. announced its financial results for the first quarter ending March 31, 2016, reporting revenues of $746 million, down 37 percent from the prior year period.

Sembcorp Profit Halved as Clients Defer Projects

Revenue falls 30 pct; order book at S$9.7 billion. Singapore rig-builder Sembcorp Marine's quarterly profit halved as customers deferred projects, and it faces

 
 
Maritime Careers / Shipboard Positions Maritime Security Naval Architecture Navigation Pod Propulsion Port Authority Salvage Ship Repair Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0757 sec (13 req/sec)