Statoil lets Gullfaks compression contract to Subsea 7

Statoil AS let a $70 million subsea compression contract to Subsea 7 for the Gullfaks C platform in the aging Gullfaks oil field in the Norwegian North Sea.

Subsea 7 will provide engineering, installation, and commissioning of a 15.5-km integrated power service umbilical, a protection structure, a subsea compressor station, pipeline spools, and tie-ins.

Subsea 7 is working on the engineering aspect and expects offshore operations will start in 2015.

Earlier this year Jannicke Nilsson, Statoil head of operations North Sea West, said subsea compression might boost Gullfaks production by 3 billion cu m of natural gas (OGJ Online, Apr. 13, 2012).

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