Technip Awarded Subsea Contract For The Snøhvit CO2 Project In Norway
Technip (Paris:TEC) (ISIN:FR0000131708) (ADR:TKPPY) was awarded by Statoil ASA an important (1) lump sum contract for pipelay and subsea installations for the Snøhvit CO 2 Solution project. The Snøhvit field is located approximately 140 kilometers north-west of Hammerfest in Norway, in the Arctic Circle, and has been in operation since 2007, following the successful installation of the subsea infrastructure by Technip.
The production of natural gas of this field is based on CO 2 being separated at the Melkøya onshore plant and re-injected into the field. The Snøhvit project development will establish an additional well at a new CO 2 injection template (2) as well as prepare for gas production from existing templates.
This contract covers:
- fabrication and installation of flowlines (3), including two 5-kilometer 13% chrome stainless steel production flowline and a 5-kilometer CO 2 injection flowline,
- installation and tie-ins of spools, jumpers and umbilicals (4),
- installation of a new combined production and injection template and manifold (5).
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