Statoil to Upgrade Sleipner B

Statoil ASA has secured consent to carry out major modifications of Sleipner B.

The consent decision applies to installation of a compressor modules, as well as modifications of the existing process facilities and auxiliary systems on the facility. The PSA's decision also encompasses operation of Sleipner B with the new compressor solution, within the framework of the assumptions for the existing consent to use this facility.

The purpose of installing a new compressor on Sleipner B is to increase and accelerate recovery from the reservoir.

Construction work on the module is expected to start in May 2007, with offshore mobilization planned for May 2008. The plan calls for start-up of the new compressor on October 1, 2008.


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