Statoil Awards Karsto Contracts

Two contracts worth a total of NOK 90 million have been awarded by Statoil for work at the Karsto complex north of Stavanger to prepare for gas from its Mikkel field development in the Norwegian Sea.

Under a job worth roughly NOK 70 million, Fabricom Contracting is to build a receiving module, a control unit for gas and a raised piperack. This work will be done in Belgium, with delivery at Karsto scheduled for November.

Norway's Veidekke group has been given a contract worth approximately NOK 20 million for construction work at the complex. The job has already begun and will continue until October 2003.

Starting in 2003, gas from the Mikkel development will be carried through the Asgard Transport trunkline for processing at Karsto before delivery to the European market.

Statoil has technical operating responsibility for Karsto, where the latest expansion will boost gas treatment capacity to 13.5 million cubic meters per day.