ABB Wins NOK 1.1B Statoil Power Contract


OSLO, March 16 (Reuters) – Swiss engineering group ABB has won a 1.1 billion crown ($134 million) contract from Norway's Statoil to supply power equipment for the giant Johan Sverdrup oilfield in the North Sea, 200 kilometres offshore, Statoil said on Monday.

Statoil will supply the first phase of Sverdrup with power from the shore and ABB will deliver equipment for both the offshore platform and the onshore facility.

Statoil added that total cost of the power supply to phase 1 of the projects is around 6 billion crowns.

ABB will deliver the equipment in the first half of 2017.

(Reporting by Balazs Koranyi, editing by Terje Solsvik)


Copyright 2017 Thomson Reuters. Click for Restrictions.


Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies

Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Coil Tubing Operator
Expertise: Coil Tubing
Location: North Dakota, United States, ND
Field Technician
Expertise: Field Service Tech
Location: Hamilton, NJ
Multi-skill Technician-Geismar, LA
Expertise: Maintenance Technician
Location: Geismar, LA
search for more jobs

Brent Crude Oil : $56.86/BBL 0.76%
Light Crude Oil : $50.66/BBL 0.21%
Natural Gas : $2.959/MMBtu 0.30%
Updated in last 24 hours