Statoil subsea contract propels fast track ambitions offshore Norway

Source: Statoil

Statoil picks up the pace towards realizing fast track field developments offshore Norway.

A contract signed recently with Technip for marine operations and pipelay on the Gygrid field development in the Norwegian Sea is proof.

“This agreement moves us one step closer to realizing Gygrid, planned to start during 2Q 2011 and begin producing as soon as late 2012/early 2013,” says Halfdan Knudsen, vice president project management, Development and production Norway.

"2011 marks the year that our fast-track concept becomes reality - and Gygrid demonstrates our ability to deliver!”

Gygrid (Halten area) is one of four fast-track projects launched by Statoil last year.

The others are Visund South, Katla (Oseberg area) and Vigdis North-east (Tampen area). Five additional fast-track projects are set to get underway this year and next.

The Gygrid award is valued at approximately €90 million (NOK 702 million).

Contract content

The contract with Technip includes fabrication and installation of a 19.5 kilometers pipe-in-pipe production flowline, plastic-lined water-injection flowline and gas-lift flowline of the same length.

The marine operations include structure installation, tie-ins and installation of new risers and umbilicals connecting Gygrid to the existing Njord A platform.

Installation work will be performed by the vessel, Apache II, in summer 2012.

The Gygrid field is located in the Norwegian Sea approximately 20 kilometers northeast of the Njord field at a water depth of 250 meters. Gygrid will consist of a four-slot template tied back to the Njord A semi-submersible production platform.

The contract is subject to approval of the plan for development and operation (PDO) of Gygrid by the Norwegian authorities.

Gygrid is the working name for a field in license PL 348. License shareholders are VNG Norge AS (2.5%), Petoro AS (7.5%), E.ON Ruhrgas Norge AS (17.5%), Norwegian Energy Company ASA (17.5%), GDF SUEZ E&P Norge AS (20%) and Statoil (35%).

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