Norway: Grenland Group Signs Contract For Marulk Field Subsea Equipment Supply

  • Business & Finance


FMC Technologies signed in the beginning of March a contract with Statoil ASA for the manufacture and supply of subsea production equipment to support the Marulk field. The award is a call-off from FMC’s existing frame agreement with Statoil.

The Marulk field is located in the Norwegian Sea, approximately 18 miles (30 kilometers) southwest of the Norne field at a water depth of 1,200 feet (365 meters). The initial development will consist of two wells tied back to the Norne floating production, storage and offloading vessel. Eni Norge AS is operator of the Marulk field and the other partners include Statoil Petroleum AS and DONG E&P Norge. Statoil will assist Eni Norge with central tasks in connection with the subsea installations and the tie back to the Norne FPSO.

Grenland Group, as a supplier to FMC Technologies, has been contracted to deliver one off Integrated template structure and one off manifold. Total weight for the delivered structures will be approximately 340 tonnes.

The work will mainly be performed at Grenland Group’s sites in Langesund and Røra, operations that for the last 15 years have delivered more than 200 various subsea structures to customers including FMC Technologies.

Contract value for Grenland Group will be around NOK 32 mill., and this contract will have a positive effect on the workload in the Grenland-based workshops. Planned construction start is June of this year with deliveries scheduled to begin in May of 2011.

Grenland Group is a leading supplier of engineering, procurement and fabrication services to the global offshore oil and gas industry and to the landbased process industry. The group employs around 1050 people and has businesses in 10 locations in Norway with the main activities in Vestfold, Telemark and Rogaland. The group is also operating in China and Malaysia. Grenland Group had a turn over of near 1.5 bill. NOK in 2009.

[mappress]

SourceGrenlandgroup, May 27, 2010;

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