Statoil -
Statoil announces Aasta Hansteen subsea and marine contracts awarded
Tuesday, Mar 05, 2013
Statoil and its partners have awarded several subsea pipeline and marine installation contracts for the Aasta Hansteen field in the Norwegian Sea.

The contracts will provide ripple effects in Northern Norway. The total contract value is estimated at BNOK 2.3.

The Aasta Hansteen field development represents a number of firsts on the Norwegian continental shelf (NCS) in terms of water depth and technological solutions.

"Aasta Hansteen will contribute significantly to Statoil's equity production when the field is on stream. This field will be the first deep-water development in the Norwegian Sea and will also open for tie-in of existing and new discoveries", says Ivar Aasheim, Statoil's head of field development on the NCS.

"With these contract awards we will also see the first steel catenary risers and the installation of mechanically lined pipe by reeling in the Norwegian Sea."

This work will be performed by Subsea 7 who has been awarded contracts worth an estimated BNOK 2.2 for the subsea lines and marine operations including floating production storage and offloading (FPSO) unit tow to field and mooring.

This includes amongst others the engineering, procurement, commissioning and installations (EPCI) of flowlines and steel catenary risers, and procurement of line pipe for the flowline part of the EPCI contract.

Subsea 7 is planning to establish a permanent presence in Northern Norway due to this contract award. They also plan to utilise local suppliers from Northern Norway. The complex pipeline production activity for the steel catenary risers and flowlines will take place at Subsea 7's spoolbase at Vigra, Norway.

"We are pleased to have secured capacity with these experienced subsea contractors" says Jon Arnt Jacobsen, Statoil's chief procurement officer.

"As we have said earlier the development of Aasta Hansteen may generate substantial ripple effects in the north. We are pleased to see that contracts with Statoil lead to establishments in Northern Norway and utilisation of local suppliers. Most ripple effects, however, will take place in the operations phase, when the field is on stream".

The contracts are call-offs on framework agreements for pipelaying and subsea installations. The assignments will commence immediately, installation seasons will be in 2014, 2015, 2016 and completion is scheduled for Q4 2016.

Source: Statoil

To access over 3,000 of the latest oil projects from across the world visit Projects OGP for free trial today

Find out more about European Oil and Gas from NewsBase