CB&I Receives Landmark Aasta Hansteen Project

CB&I will perform detailed engineering design and procurement services for the spar topside of Statoil's Aasta Hansteen field development project off the coast of Norway. The contract, valued at $180 million, was granted by Hyundai Heavy Industries.

The company's scope of work is slated to commence in the first quarter of 2013. The spar platform will consist of a large-diameter, single vertical cylinder supporting a conventional deck with processing facility, accommodation quarters and other facilities. The installation will fix to the seabed.

The Aasta Hansteen development concept will include two subsea templates with four wells on each and one satellite template with one well. The platform will house accommodation quarters for a permanent crew, a storage unit for condensate and a gas processing facility with a capacity of 812 million cubic feet per day.

We are pleased to work with HHI on this landmark project," said Lasse Petterson, executive vice president and chief operating officer, in a press release. "The award builds on our extensive work history engineering offshore topsides and our successful track record on the Norwegian Continental Shelf."

The Aasta Hansteen gas field, formerly Luva, is located on Blocks 6706/12, 6707/10, roughly 186 miles (300 kilometers) from land in 4,265 feet (1,300 meters) of water in the Norwegian sector of the North Sea. Statoil serves as the operator, holding a 75 percent interest, OMV holds 15 percent and ConocoPhillips holds the remaining 10 percent interest.


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