Statoil extends Aker involvement in Gudrun

Statoil has issued a letter of intent to Aker Solutions concerning a framework agreement for studies and modifications related to offshore installations in the Sleipner area of the North Sea.

Offshore staff

STAVANGER, Norway -- Statoil has issued a letter of intent to Aker Solutions concerning a framework agreement for studies and modifications related to offshore installations in the Sleipner area of the North Sea.

Initially, the agreement covers modifications of the Sleipner A and Sleipner T platforms as part of the Gudrun field development. The value of this tie-in work is around $144 million, with the contract terms due to be finalized in the next few weeks.

Aker Solutions’ framework agreement includes engineering, purchasing, fabrication, and installation of equipment. Statoil says the intention behind the accord is to ensure the best possible use of the Sleipner installations for tieback of new fields in the area.

Sleipner will process Gudrun’s oil and gas, and also will supply power to the new Gudrun platform.

The gas will be processed on Sleipner A before being transported to Sleipner T for carbon dioxide removal. The treated gas will then be transported to the gas markets from Sleipner A.

Gudrun’s oil will be sent to Sleipner A for stabilization, with water and salts extracted prior to export to the Kårstø processing plant north of Stavanger.

The Gudrun field holds 127 MMboe. Earlier, Statoil awarded construction of the steel jacket to Aker Solutions, and transport and installation of the jacket and the topside to Saipem.



07/14/2010

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