Wood Group has been awarded a contract with Statoil to provide front end engineering design (FEED) to the subsea flowline system of the Snorre Expansion Project in the Norwegian North Sea.
The contract will be delivered by Wood Group’s Stavanger, Norway office and follows on from the successful completion of a concept study for the project completed at the end of 2016.
Bob MacDonald, CEO of Wood Group’s Specialist Technical Solutions business comments: “We are delighted to continue our work with Statoil on SEP, leveraging our broad technical expertise and strong experience of working on the Norwegian Continental Shelf. Our independent subsea engineering expertise combined with the latest pipeline system technology will allow us to challenge the design, working to reduce cost and boost efficiencies.”
Trond Grytten, operations director in Norway, adds: “Being awarded this FEED demonstrates our ability to deliver high quality engineering on schedule and on budget, and consolidates our long-term working relationship with Statoil.”
Wood Group has worked with Statoil globally for more than 20 years. In May 2016, the company was awarded an evergreen master services agreement to support the life cycles of Statoil’s offshore and onshore facilities.
About Wood Group
Wood Group is an international energy services company with around $6bn sales and operating in more than 50 countries. The Group is built on Core Values and has three businesses – Wood Group PSN, Wood Group Kenny and Wood Group Mustang – providing a range of engineering, production support and maintenance management services to the oil & gas, and power generation industries worldwide.
About Statoil
Statoil ASA (OSE: STL, NYSE: STO) is an international energy company with operations in 36 countries. Building on 40 years of experience from oil and gas production on the Norwegian continental shelf, we are committed to accommodating the world's energy needs in a responsible manner, applying technology and creating innovative business solutions. We are headquartered in Stavanger, Norway, with approximately 23,000 employees worldwide, and are listed on the Oslo and New York stock exchanges.
Aasta Hansteen: Statoil (51%) Wintershall Norge AS (24%) OMV Norge AS (15%) ConocoPhillips Skandinavia AS (10%)