Aker solution has been awarded the contract for Troll Phase 3

Equinor (ex Statoil) and the Troll partners have exercised an option in relation to Aker Solutions AS for the delivery of a new processing module for the Troll Phase 3 project. The contract value is €104 million.
With a CO₂ intensity of 0.1 kg/boe the project is one of the most carbon-efficient projects on the Norwegian continental shelf. The project realises 2.2 billion barrels of oil equivalent, with a break-even of less than USD 10 per barrel.
The contract is an EPCI contract, covering engineering, procurement, construction and installation of a new processing module on the Troll A platform. The contract is awarded through the exercise of an option in Aker Solutions’ contract for front-end engineering awarded in September 2017.
The 1200-tonne processing module will be built at the Aker Solutions yard in Egersund, whereas the engineering work will be performed in Bergen. The project will generate some 900 man-years of employment over a three-year period. The module will be installed on the Troll A platform in the summer of 2020. The Troll phase 3 project is scheduled to come on stream in 2021.
Equinor and the partnership plan to make a final investment decision and submit the plan for development and production for Troll Phase 3 in the third quarter of 2018.