Kværner to upgrade Yetagun platform

Aug. 21, 2001
Premier Petroleum Myanmar Ltd. awarded the Singapore office of Norwegian company Kværner ASA a contract as part of the upgrade of the Yetagun platform in Myanmar's Gulf of Martaban, said Kværner.

HOUSTON, Aug. 21 -- Premier Petroleum Myanmar Ltd. awarded the Singapore office of Norwegian company Kværner ASA a contract as part of the upgrade of the Yetagun platform in Myanmar's Gulf of Martaban, said Kværner.

The 2.92 tcf Yetagun gas-condensate field is 400 km south of Yangon (OGJ Online, Aug. 7, 2000).

The project will upgrade the platform to 300 MMscfd of capacity from Oct. 1. Further upgrades are planned, said Kværner.

Kværner will provide engineering, procurement, and construction management services for the upgrade program, which has a total installed cost of $30 million.

Earlier this year, Kværner completed front-end engineering design for this project.

During 1998-1999, Kværner's Singapore office performed the detailed engineering for the initial development of the 230 MMscfd production platform.

Premier Petroleum Myanmar Ltd. is a unit of Premier Oil PLC of the UK. Partners include Malaysian company Petronas, Japan's Nippon Oil Co. and PTT Exploration & Production PLC of Thailand.