Statoil Gets Green Light for Gudrun

Statoil has received approval from the Norwegian Parliament for Gudrun's plan for development and operation. Production from the field is scheduled to commence in the first quarter of 2014. For a total amount of US $3.56 billion, Gudrun's developmental plan calls for seven production wells to be drilled and connected to a steel production platform and then tied-back to the Sleipner A platform for further processing. On Sleipner, oil and gas from Gudrun will be further processed before the oil is transported to Karsto together with the Sleipner condensate. Carbon dioxide will be separated from the gas before it is exported to Europe via the Gassled system.

Statoil has awarded a contract to Saipem UK Limited for transport and installation. The semisubmersible crane vessel S7000 will install the platform jacket and topside.

Previously, a contract to construct the platform jacket was awarded to Aker Solutions in Verdal. The jacket is scheduled for completion and installation in the summer of 2011.

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