Statoil Awards Karsto Contracts

On behalf of Gassco, Statoil has awarded Fabricom a contract to carry out work at the Karsto gas treatment complex. The scope of work includes the prefabrication and installation of mechanical and electrical equipment, including instrumentation, for the development project at Karsto. This development will enable the gas treatment plant to receive and treat gas from the Mikkel field in the Norwegian Sea.

The contract is valued at NOK 160 million and will last from April this year until October 2003. The work includes the installation of piperacks and two modules, which will be manufactured by Fabricom in Belgium and delivered to Karsto in November.

The Mikkel extension at Karsto will be ready to receive gas deliveries on October 1, 2003. This extension involves a total investment of around NOK 1 billion. Statoil has technical operating responsibility for the gas treatment plant at Karsto. The plant receives rich gas through the Statpipe and Asgard Transport pipelines, which are operated by Gassco. The condensate is carried through a separate pipeline from the Sleipner area. Following the process at Karsto, liquefied petroleum gas (LPG) and condensate are exported by tanker, while sales gas is exported to continental Europe through the Europipe II and Statpipe trunklines.


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