Statoil: Troll Redevelopment Contract Awarded

Monday, September 19, 2011
Hans Jakob Hegge, Statoil senior vice president for operations North Sea east. (Photo courtesy www.Statoil.com)

Statoil has awarded Aibel a contract for modules and modifications for two new pre-compressors on the Troll A platform in the North Sea. The contract is worth an estimated NOK 2.7 billon.

Statoil and its partners in the Troll licence on the Norwegian continental shelf (NCS) decided last week to invest NOK 11 billion in two new compressors on Troll A.The two new compressors will enable Statoil to produce gas even faster and accelerate production at the Troll field by allowing for production with reduced wellhead pressure. The compressors will enable the production of gas from the field all the way until 2063.
“A third of all gas capacity on the NCS is produced on Troll A, making Troll the cornerstone of gas supplies to the continent. The investment decision which forms the basis for this contract award is an important contribution to improving the recovery rate and lifetime extension at the Troll field and for the total value creation from oil and gas activities on the NCS,” says Hans Jakob Hegge, Statoil senior vice president for operations North Sea east. Statoil has chosen Aibel as the key supplier for the engineering, procurement, onshore construction and integrated offshore construction and completion (EPCIc) for upgrading of Troll A pre-compression capacity. The estimated contract value is NOK 2.7 billion.

“We see an increasing need for large modification projects to prolong lifetime extension on fields,” says Statoil’s senior vice president for projects Anders Opedal. This large modification project has been met with great interest by the supplier industry and is an exciting opportunity for both the key supplier and sub-suppliers. We are looking forward to working together with Aibel in the further development of Troll. The company submitted the best bid of the pre-qualified suppliers. We expect a high HSE focus, smart project execution and emphasis on technical solution optimisation.”

Aibel will build and install the third and fourth compressors on the Troll A platform based on previous FEED studies. The work will start immediately, with offshore installation taking place from 2012 until completion in the beginning of 2015.The two new compressors form the final phase of the planned capacity expansion on Troll A as a gas producer. Troll has a production capacity and expected lifetime that far exceeds those of the other NCS fields. The new compressors also pave the way for the tie-in of gas from Troll West once oil production has come to an end. The two compressors will come on stream in 2015, and will enable Troll A to produce 120 million cubic metres per day up until 2018, ensuring the ability to produce 30 billion cubic metres annually until 2024. The contract for the associated electric drive system for the compressors will be awarded in the near future.

Maritime Reporter October 2013 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

DP World Mulls Senegal Free Zone

DP World  is looking to develop a free zone in Senegal, Chairman Sultan Ahmed bin Sulayem said on Wednesday. Sulayem was speaking at an African investment event in Dubai.

MOL Merges Group Companies; Upgrades Bridge Simulator

MOL adds DPS and enhances safe operation by integrating expertise through merger Mitsui O.S.K. Lines, Ltd. (MOL) announced the merger of MOL Marine Consulting, Ltd.

Swissco Doubles Rig Fleet

SGX Mainboard-listed Swissco Holdings Limited an integrated, international marine services provider, today announced having completed the acquisition of four additional mobile offshore drilling units,

Contracts

Australia, US Order Anti-ship Missile Decoys

Design of the next generation of anti-ship missile decoys is set to commence following the signing of two contracts between the Australian Defense Force and BAE Systems Australia Pty Ltd.

General Dynamics Bags $ 50 mi Submarine Contracts

General Dynamics Advanced Information Systems, a business unit of General Dynamics was awarded two contract modifications totaling $50 million to continue supporting

Skangass Builds LNG Terminal in Pori, Finland

With investment support from the Finnish Government of 185 million NOK Skangass has decided to build a new import terminal for LNG. The terminal will be completed in 2016.

Offshore

MOL Merges Group Companies; Upgrades Bridge Simulator

MOL adds DPS and enhances safe operation by integrating expertise through merger Mitsui O.S.K. Lines, Ltd. (MOL) announced the merger of MOL Marine Consulting, Ltd.

Swire Pacific Acquires 3rd L Class PSV

Shipowner and operator, Swire Pacific Offshore Operations (Pte) Ltd (SPO) celebrated the naming and delivery of its third L Class PSV vessel, Pacific Legend in Kyoto,

Norvestor to Become PG’s Largest Shareholder

Norvestor VI, L.P., a fund advised by Norvestor Equity AS, announced it has signed an agreement to invest in Ing Per Gjerdrum AS including its subsidiaries PG Hydraulics AS and PG Construction AS.

Energy

Leak May Sideline New Mexico Nuclear Waste Site

It may be five years before a nuclear waste dump in New Mexico closed by a radiation leak is fully operational again, and the facility will need at least $240

Imperial Oil Completes Maintenance at Kearl Oil Mine

Imperial Oil Ltd said on Tuesday it has completed a two-week major maintenance turnaround at its 110,000 barrel per day Kearl oil sands mine in northern Alberta.

Swissco Doubles Rig Fleet

SGX Mainboard-listed Swissco Holdings Limited an integrated, international marine services provider, today announced having completed the acquisition of four additional mobile offshore drilling units,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Pipelines Ship Electronics Ship Repair Sonar
rss | archive | history | articles | privacy | terms and conditions | 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: 0.1812 sec (6 req/sec)