Hertel Awarded Contract for Statoil's Valemon Field

Hertel has been awarded the contract to design and build the living quarters for Statoil's new North Sea Valemon Topsides which is being supplied by Samsung Heavy Industries Co., Ltd.

The living quarters will be housed in a eight-story building totaling 1860 m2 and includes 40 single bed cabins, kitchens and galleys, recreational areas, a medical centre and a large control room. The structure of the building will also include a heli-deck.

Work start at Hertel's facilities in Rotterdam on June 1, with mechanical completion due in April 2013.

Peter Van Aken, Managing Director of Hertel Offshore, said, "This is an exciting project for us and the requirements for providing a highly complex living quarter will draw together the many skills we have within the business. We will also be using our vast experience of working in the North Sea."

The Valemon field will be one of Statoil's largest development projects on the Norwegian Continental Shelf in the time ahead. The field is estimated to contain about 206 million barrels of oil equivalent.

Statoil is the operator of the field with a 64.3% ownership. Its partners are Total (TOT) with a 2.5% stake, Royal Dutch Shell PLC (RDSA) subsidiary Enterprise Oil with 3.2% ownership and Norwegian state-owned Petoro with 30% ownership.