Statoil Subsidiary Wins Pipeline Contracts
Framework agreements worth between NOK 20-30 million for solutions and services relating to pipeline transport systems have been won by PipeCare, a wholly-owned Statoil subsidiary.
This company is securing international sales for technologies originally developed by the group on the Norwegian continental shelf. Expertise and systems are being delivered to BP for its Nam Con Son gas project off Vietnam, in which Statoil previously had a stake. This contract covers key resources for the final phase of the development, along with information technology systems for operation and maintenance.
A contract has also been won from Woodside for expanding the transport system on an existing field off Western Australia. "Woodside wants a transfer of experience from the NCS, and aims to utilize technology which has been proven there," explains Mr. Ola Nestaas, president of PipeCare.
A third framework agreement has been concluded with Norway's state-owned Gassco company, covering assistance with pipeline technology.
The first delivery under this deal, embracing expertise on condition monitoring of pipeline systems, procedures and philosophy, has already been initiated. PipeCare was established in March 2001 to sell Statoil-developed pipeline technology and thereby create added value for this expertise. Its capabilities include concept evaluation, tie-in, testing, readying for operation, inspection, maintenance, repair and pipeline start-up. Among the company's activities are the supply of solutions and services to other operators and engineering companies.