Statoil planned a €110 mln upgrade to Fram field

The partners in the Fram licence have decided to invest in a new project to increase production from the Fram field in the North Sea, in a decision taken in agreement with the partners in the Troll licence.
This means that the Fram licence is investing one billion NOK (€110 million) in a new gas module on the Troll C platform. This will help to increase oil production and gas exports from the Fram field and provide conditions for further development in the area
The investments are key to further developing Troll C as a hub for the Troll C and Fram area. The module will help boost production from the Fram licence, and as well as improving the profitability of the Troll C installation by increasing and accelerating production by means of the enhanced gas capacity.
On behalf of the partnership Statoil has awarded the EPCI contract for the Troll C gas module to Aibel. The contract has an estimated value of 600 MNOK (€63 million).