Grenland Enters Engineering Agreement with Samsung for Valemon Platform

Korean Samsung Heavy Industries has entered into an agreement with Grenland Group for delivery of detailed engineering and fabrication services for the topside on Statoil’s Valemon wellhead platform.

The project commenced and is due for completion in February 2014, and the fabrication of the platform’s flare tower will be executed in the Grenland Group yard in Tonsberg.

Valemon is located on Block 34/10 in the Norwegian sector of the North Sea. Serving as operator of the field is Statoil, holding a 64.275%; Total holds 2.5%; Enterprise Oil holds 3.225 and Petoro holds the remaining 30%. 

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