Offshore staff

STAVANGER, Norway --Statoil has sent a Letter of Intent to NKT Flexibles for engineering, procurement, and construction of flexible risers for Gjøa and Visund in the North Sea.

Value of the contracts would be NOK 500 million ($86.9 million) for seven flexible risers at Gjøa and NOK 135 million ($23.4 million) for three flexible risers at Visund. Delivery is scheduled for 2Q 2009.

The risers for Gjøa are between 690 m and 730 m (2,264 ft and 2,395 ft) long and have an internal diameter of between 14 in and 16 in (35.5 cm and 40.6 cm). The risers for Visund are between 970 m and 1,120 m (3,182 ft and 3,675 ft) long with an internal diameter of 6 in (15.25 cm).

07/12/2007