FORNEBU, Norway – Aker Solutions has a letter of intent from Norske Shell for the Ormen Lange Phase 3 (OLP3) project in western Norway.
Subsea compression is designed to increase recovery from the field. Aker Solutions’ scope includes a 500-metric ton (551-ton) module which the company will fabricate at its yard in Egersund.
Estimated value of the EPCI contract is around NOK600 million ($68 million).
The contract is a continuation of the FEED that Aker Solutions delivered previously, and was issued under an established long-term frame agreement for brownfield modifications at the plant located close to Molde.
This receives gas via underwater pipelines from Ormen Lange and other fields in the Norwegian Sea. Norwegian gas trunklines manager Gassco operates Nyhamna, while Norske Shell is the technical service provider.
Pre-execution work for the new assignment will start during the first half of 2021. Assuming a final investment decision for the OLP3 project, work should progress into the execution phase later in the year.
Aker Solutions’ offices in Stavanger and Kristiansund will manage the program, with a dedicated site team in charge of civil construction and construction of new facilities at Nhyamna. All work should be completed in 2024.