Storting Approves Asgard Subsea Compression
Wednesday, March 28, 2012
Statoil said the Storting (the Norwegian parliament) approved the installation of subsea gas compression at Åsgard field in the North Sea on March 27.
The state oil company also said that project costs have increased 20% from last summer due to a tighter supplier market in marine operations and design modifications that will increase the weight of the compression modules.
It said placing compressors on the seabed in 980 ft (300 m) of water will increase pressure in production flowlines and ultimate recovery from the Mikkel and Midgard fields (See May 2011 CompressorTechTwo).
“Åsgard subsea gas compression is a profitable and robust project. Development of the world’s first compression facility for gas under water is a challenging task,” said production director Astrid Jørgenvåg.
Statoil said all of the major contracts for the compression project have been awarded and most of the engineering is completed. Assembly of the modules will begin this spring at Aker Solutions’ yard in Egersund, Norway. Startup of the compression system is scheduled for the first half of 2015.
For more information: www.statoil.com