Statoil taps Grenland for Asgard FPSO modification work in the Norwegian Sea

Source: Grenland Group

Grenland Group has received a letter of intent from Statoil for modification work at Asgard A.

Grenland Group is to accomplish a complete offshore replacement of the existing swivel stack. The swivel stack transfers all kinds of services between the vessel and its subsea installations, including the oil and gas production.

The Asgard field is central in the Norwegian Sea. The Asgard A FPSO produces and load oil, and exports gas to the Asgard C.

Anticipated contract value for Grenland Group is close to US $17 million (NOK 110 million), and the project is planned for completion within 2011.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs