Statoil contracts Grane permanent subsea seismic monitoring installation

Dec. 13, 2012
Statoil (OSE:STL;NYSE:STO) has contracted Reef Subsea Norway to install a permanent reservoir monitoring system at the Grane field offshore Norway.

Offshore staff

BERGEN, Norway –Statoil (OSE:STL;NYSE:STO) has contracted Reef Subsea Norway to install a permanent reservoir monitoring system at the Grane field offshore Norway.

The full seismic subsea installation contract includes engineering, logistics and material, mobilization/demobilization, and installation of an umbilical riser, sensor array terminators and lead-in cables, sensor array cables, and protection structures.

There will be almost 200 km (124 mi) of seismic cables installed and buried across 50 sq km (19 sq mi) of seabed in 130 m (426 ft) of water.

Installation, set to occur in 2014, will employ thePolar Prince, Reef Larissa, and Reef Subsea’s new plow and dredging device. Project engineering is under way now in Bergen.

12/13/2012