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.