Offshore Magazine

FMC awarded Asgard subsea contract

Social Tools

Share

Offshore staff

HOUSTON -- StatoilHydro has awarded FMC Technologies a $45-million contract for the manufacture and supply of subsea equipment to support oil and gas production at the Asgard development in the Norwegian Sea.

FMC's scope of supply includes four horizontal subsea trees, wellhead systems, and extended tubing hangers as well as flow control modules, multi-phase flow meters, and permanent guide bases. The equipment will be manufactured at FMC's Kongsberg, Norway and Dunfermline, Scotland operations with deliveries expected to begin this summer.

"We have manufactured more than 50 trees that have been deployed at the Asgard field and are also in the process of supplying subsea gas compression control systems for the Asgard development," says Tore Halvorsen, FMC's senior VP of global subsea production systems. "Today's announcement strengthens our existing relationship with StatoilHydro and we welcome the opportunity to supply additional equipment for this project."

07/07/2008

Most Recent Content

Venari Resources receives $1-billion investment from private equity firms

Venari Resources LLC has announced that Warburg Pincus, Kelso & Co., Temasek, and The Jordan Co. have agreed to make an investment of up to $1.125 billion in the company.

Sterling prepares Romanian offshore drilling line-up

Sterling Resources expects to drill its first exploratory wells later this year in the Black Sea offshore Romania.

Partners agree timing for Norway well

Rocksource and the PL 506S, BS, and CS partnership in the Norwegian North Sea have committed to drill an exploration well during the first half of 2013.

Technical issues halt North Sea Timon drilling

Awilco Drilling has suspended drilling operations on the Timon exploration well in the UK northern North Sea.

Plant modifications slow progress on UK Breagh gas project

RWE Dea’s Breagh gas development in the UK southern North Sea will likely incur cost and schedule overruns, according to partner Sterling Resources.

Offshore Magazine