Statoil lets contract for Visund Nord field in North Sea

Statoil ASA has let a contract extension to TechnipFMC regarding an ongoing engineering, procurement, and construction contract for an improved oil recovery project in Visund Nord field in the Norwegian North Sea.

The existing EPC covers subsea equipment including template structure, manifold, and two subsea trees. The contract extension covers installation of the template structure and manifold in addition to delivery and installation of flowline spool and umbilical.

The extension will be executed as an integrated engineering, procurement, construction, and installation contract.

Visund Nord is an oil and gas field 10 km from the Visund A platform. A subsea installation with two wells started producing in November 2013. Production is tied back to the Visund A platform.

Statoil operates Visund oil and gas field 22 km northeast of Gullfaks field. Visund was developed with a floating production, drilling, and quarters platform. It came on stream in 1999. The subsea-completed wells in the field are tied back to the floater with flexible risers.

A pipeline transports oil from Visund to Gullfaks for storage and export. Visund field began producing gas in October 2005.

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