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Providing coverage of Alaska and northern Canada's oil and gas industry
March 2009

Vol. 14, No. 10 Week of March 08, 2009

Our Arctic Neighbors: Europeans win Shtokman design contract

Shtokman Development Co. has awarded a contract to a consortium comprising Norway’s Aker Solutions, Technip France and the Netherlands’ SBM Offshore. The contract is for the concept definition and front-end engineering design or FEED for the floating production unit for the Shtokman gas and condensate field phase I project. The contract value is 25 million euros ($31.7 million).

The scope of the work includes design, floating production unit concept definition and FEED design for the hull, turret and mooring system and topsides, Aker Solutions said in a release Feb. 24. The work will be performed by an integrated team involving the three partners of the consortium, with Aker Solutions as leader. It will start immediately and be carried out over the next 12 months. The consortium will also tender for the full engineering, procurement, supply, construction and commissioning contract in 2010.

“We are very pleased to be part of the initial phases of the development of the world’s largest offshore gas field,” said Simen Lieungh, Aker Solutions’ president and CEO. “Equally important for us is the establishment of the partnership with Technip and SBM. We build on each other’s expertise and capabilities and are able to take on more assignments than what we could do alone.”

—Sarah Hurst






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