Aker Kvaerner to Provide Subsea Services for StatoilHydro's Morvin Field

StatoilHydro has, on behalf of the Morvin license group, awarded Aker Kvaerner a contract for the engineering, procurement and construction of a complete subsea production system for StatoilHydro's Morvin field in the Norwegian Sea. The contract, worth approximately NOK 1 billion, is a testament to Aker Kvaerner's unique high-pressure/high-temperature (HPHT) subsea technology.

The Morvin contract is an addition to the scope identified in the frame agreement signed by Aker Kvaerner and StatoilHydro in September this year.

"Being awarded this contract underlines the strategic technology leadership position we have jointly developed over the past decades. For this project, the expertise and technology we have developed for handling fields with challenges related to high pressure and high temperature (HPHT) is particularly important," says Raymond Carlsen, executive vice president, Aker Kvaerner Subsea.

The subsea production system for the Morvin field will consist of two four-slot manifolds, three horizontal subsea trees, production control system, steel tube umbilicals, tie-in system and intervention tools. The technology is designed to handle pressures up to 15000 psi and temperatures as high as 170° degrees. The solution will be based on the technology used at the nearby Kristin field, another HPHT project delivered by Aker Kvaerner.

"We are in a unique position when it comes to delivering subsea production systems that are fully qualified for use in such extreme conditions. The oil and gas industry expects to see more HPHT projects in the coming years. We will continue to develop technology that matches expectations from our customers as well as the physical demands of the reservoirs," adds Carlsen.

The Morvin field, operated by StatoilHydro, lies on the Halten terrace in the Norwegian Sea. It is located approximately 20 km west of the Asgard B platform, some 200 km west of mid-Norway.

Final delivery for the project is May 2009. Manufacturing will be conducted at Tranby, Moss and Egersund, Norway; Aberdeen, UK; Batam, Indonesia; and Port Klang, Malaysia.