Statoil issues 3-year FEED agreement for gas plants

Statoil Petroleum AS has signed a 3-year frame agreement with a unit of Foster Wheeler’s global engineering and construction group for front-end engineering design (FEED) services at the Karsto and Kollsnes gas processing plants.

The contract covers future projects at the plants, located near Stavanger and Bergen, respectively. Statoil is acting on behalf of Gassco, which operates both plants, which in turn are owned by the Gassled joint venture, with Statoil as technical service provider.

The frame agreement includes an option for Statoil to extend it for 2 years and for Foster Wheeler to execute concept studies as well as FEEDs, Foster Wheeler said.

The Karsto plant treats gas and condensate from 28 fields on the Norwegian continental shelf that are connected to the plant by subsea pipelines. Karsto ranks as the world’s third largest LPG export port and is the largest in Europe.

The Kollsnes processing plant treats gas from North Sea fields Troll, Kvitebjorn, and Visund and can handle as much as 143 million standard cu m/day.

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