Aibel Scoops Snorre A FEED Study

Business & Finance

Aibel has been awarded FEED study for modifications on Snorre A in connection with Snorre Expansion. The contract also has an option for the actual implementation phase.

The Snorre field is to be developed further with a subsea solution to increase recovery. The production is to be hooked up to Snorre A.

Statoil has hired Aibel to conduct a FEED study to plan the hook up and the required modifications to the platform deck. The study will last for roughly a year and involve around 100 associates.

The contract also includes options for the actual implementation phase of the project – engineering, procurement, construction, installation and commissioning (EPCIC) – as well as for further study work and the implementation of this. If all options are exercised, the project will have a duration of a total of five years and involve up to 270 associates.

“This is an important project to Aibel that provides welcomed work to our office in Stavanger. We consider it a great vote of confidence to be given such a major role in the development of the Snorre field,” says Mads Andersen, the new president and CEO of Aibel.

Work starts immediately and will be headed by Aibel’s headquarters in Stavanger. An eventual implementation phase will also provide work for the company’s yard in Haugesund, including construction of a 600 ton riser hang-off module.