Technip awarded contract for the Åsgard subsea compression project

Statoil have awarded Technip a contract, valued above €150million, for the major Åsgard subsea compression project located in the Norwegian Sea, 40 km east of the Åsgard field, at a water depth of 340 m.

The contract covers the installation of the subsea compression system and its connection to the existing subsea infrastructure and the Åsgard platform.

The contract includes:

• Fabrication, installation and tie-in of pipeline spools including protection covers,
• Installation of power cables and umbilicals.

It also comprises options for the following works:

• Engineering, fabrication and supply of a special handling system (SHS) for the installation and retrieval of the subsea compression system modules.
• Initial installation of the subsea compression system modules.

Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/23022012/technip-awarded-contract-for-the-%C3%85sgard-subsea-compression-project/