Contract let for Alvheim FPSO topsides

Jan. 29, 2005
Marathon Petroleum Norge AS and partners have let an engineering, procurement, construction, installation, and commissioning contract to Vetco Aibel of Norway for all topsides work on the floating, production, storage, and offloading (FPSO) vessel to handle output of Alvheim oil field off Norway.

By OGJ editors

HOUSTON, Jan. 28 -- Marathon Petroleum Norge AS and partners have let an engineering, procurement, construction, installation, and commissioning contract to Vetco Aibel of Norway for all topsides work on the floating, production, storage, and offloading (FPSO) vessel to handle output of Alvheim oil field off Norway.

The field holds reserves estimated at 180 million boe of reserves (OGJ Online, Nov. 12, 2004).

The $350-million contract covers the design and construction of production separators, gas compression and dehydration, water treatment, and power generation systems for the MST Odin multipurpose shuttle tanker, which will be converted to an FPSO.

Along with the Odin FPSO, the Alvheim project will include five subsea drill centers and associated flowlines, transportation of oil by shuttle tanker, and transportation of natural gas to the UK via a new 14-in., 24-mile pipeline.

Recently, the Alvheim group reached an agreement to tie in the 46.9% Marathon held Vilje oil discovery, formerly known as Klegg. The agreement is subject to approval of a Vilje plan for development and operation.