Aker Kvaerner takes Morvin subsea contract

Offshore staff

STAVANGER, Norway --StatoilHydro has contracted Aker Kvaerner for the subsea production system for its Morvin field development in the Norwegian Sea.

The equipment will comprise two four-slot manifolds, three horizontal subsea trees, a production control system, steel tube umbilicals, a tie-in system, and intervention tools. It will be engineered to handle pressures up to 15,000 psi and temperatures up to 170degC.

Morvin is on the Halten Terrace, around 20-km (12.43 mi) west of the Aasgard B platform, 200-km (124 mi) offshore the mid-Norwegian coast. It will be tied back to the platform via two subsea production system templates and three production wells. Aker Kvaerner's solution will be based on technology it developed for Kristin, another HP/HT project in this area.

The engineering, procurement and construction contract is valued at around $182 million. Manufacturing will be performed in six different locations in Norway, the UK, Indonesia and Malaysia, with final delivery due in May 2009.

11/29/2007