Foster Wheeler to carry out Asgard B feasibility study

March 11, 2008
StatoilHydro has awarded Foster Wheeler Energy a contract to undertake a feasibility study associated with carbon dioxide (CO2)/amine absorption at the Asgard B offshore production facilities in the Norwegian Sea.

Offshore staff

HAMILTON, Bermuda -- StatoilHydro has awarded Foster Wheeler Energy a contract to undertake a feasibility study associated with carbon dioxide (CO2)/amine absorption at the Asgard B offshore production facilities in the Norwegian Sea.

Foster Wheeler's scope of work includes the assessment of existing facilities, identification of possible bottlenecks and limitations, identification and evaluation of process options, and provision of preliminary cost and schedule estimates for the implementation of modifications. The overall objective is to obtain maximum absorption of CO2 at Asgard B in order to reduce future downstream CO2 removal demand and increase the volume of natural gas liquids exports.

"We are delighted to support StatoilHydro for this offshore study through our specialist upstream oil and gas group here in our Reading, UK, offices," says Mike Beaumont, chairman and CEO of Foster Wheeler Energy. "With our in-depth technical expertise in gas processing and acid gas removal, we will be able to assist StatoilHydro in developing the optimum technical solution to meet its objectives."

03/11/2008