Aker Solutions won an EPC contract from Statoil

The Troll A platform in the North Sea. (image courtesy of Harald Pettersen on Statoil website)

According to a press statement by the same company, Statoil has, on behalf of the license partners, awarded EPC contracts for the delivery of subsea production systems and services for the Troll Phase 3 project in the North Sea and the Askeladd project in the Barents Sea, which will provide feedstock for the Snøhvit LNG plant at Melkøya off the coast of Hammerfest, in the Barents Sea, respectively, to Aker Solutions. The contracts have a total estimated value of between €160 and €210 million. The contracts include installation and commissioning support services.
The Snøhvit partnership is planning an investment decision for Askeladd in March 2018. As settled with government authorities it will not be necessary to submit a new plan for development and operation (PDO) for approval, as the project will be part of the existing PDO for the Snøhvit field.
The contracts awarded for Troll 3 and Askeladd are part of the contractual framework signed between Statoil and several suppliers within the subsea segment in the autumn of 2017, in the same way as similar contacts for the Johan Castberg< and Snorre Expansion projects.