Stolt Offshore Wins Contract for Norne Work from Statoil


Norne, Svale and Staer Fields
(Click to Enlarge)
Stolt Offshore has received two Letters of Intent, valued at approximately $26 million for two contracts from Statoil ASA on its Norne Satellites Project in the Norwegian Sector of the North Sea.

The Letters of Intent cover the installation of umbilicals between the Norne FPSO and the new satellite locations Staer and Svale, the installation of manifolds, the fabrication and installation of risers, water injection flowlines and flexible components as well as subsea tie-ins. All of the flexible components will be manufactured by our joint venture company NKT Flexibles. Work on both contracts starts immediately with offshore installation in 2005.

Oeyvind Mikaelsen, Vice President Northern Europe and Eastern Canada region, said, "We have been particularly successful in growing our backlog of North Sea construction projects this year. This latest award from Statoil is a very welcome addition to that list."
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
United States Odessa: Field Engineer - Logging and Perforating
Expertise: Field Development
Location: Odessa, TX
 
Project Procurement & Contracts Advisor (Subsea Equipment)
Expertise: Contracts Engineer|Purchasing|Subsea Engineering
Location: Houston, TX
 
Drilling Engineer II Job
Expertise: Drilling Engineering|Petroleum Engineering
Location: Houston, TX
 
search for more jobs

Brent Crude Oil : $55.23/BBL 0.46%
Light Crude Oil : $52.75/BBL 0.62%
Natural Gas : $3.24/MMBtu 1.25%
Updated in last 24 hours