Dresser-Rand Wins Statoil Contract

Dresser-Rand will supply gas export compression equipment for Statoil's Troll A platform in the North Sea. The equipment, approaching $8 million USD, is being purchased by ABB AS Offshore Systems and will be supplied under the terms of D-R's frame contract with Statoil.

D-R will provide two DATUM centrifugal compressors driven by 40 MW electric motors to the main contractor ABB AS Offshore Systems. The motors, purchased by Statoil directly from ABB Industries will be shipped to the module manufacturing yard in Norway and connected to the compressor packages under supervision of D-R and ABB. D-R's LeHavre, France, facility will provide the DATUM compressors. Delivery is scheduled for September 2003, with the equipment expected to go online in May 2005.

The order is part of a comprehensive equipment frame contract that includes gas turbine mechanical drive and power generation packages, electric-driven compressor packages, and an extensive technology development program. The contract, originally signed by Statoil and Dresser-Rand in 1996, was extended in 2001.

"Our long relationship with Statoil demonstrates the value to both the client and the equipment supplier, when a contract is fashioned that focuses on competitive pricing, timely deliveries, and a willingness to solve problems quickly," said Mr. Jan Stensvold, Manager Client Services Nordic Countries at Dresser-Rand, Kongsberg.


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