Breakthrough award for Ormen Lange subsea compression
Hydro has awarded Aker Kvaerner a total contract which could be worth up to NOK 850 million for the Subsea Compression Pilot for Ormen Lange. This is a world first for subsea compression. If the project provides the expected results, the Ormen Lange partners will have a cost effective alternative to the offshore platform originally planned.
Full execution of the contract is subject to the Ormen Lange partners’ approval of both work programme and budget for the subsea compression pilot programme, and a limited scope of work and cost exposure has been agreed. The aim of the project is to evaluate whether a subsea compression station, at approximately 900 metres water depth, is a viable alternative to an offshore platform.