Norway: Odfjell Drilling Wins EPC(I) Contract on Veslefrikk

Odfjell Drilling has been awarded the EPC(I) contract for the Veslefrikk field with immediate start up. “We are looking forward to doing this job for Statoil,” says Odfjell Drilling CEO Simen Lieungh.

The contract includes upgrading the drilling system on Veslefrikk. A new drilling control centre will also be installed and the control systems for the drilling system will be upgraded. Odfjell Drilling will cooperate with Aibel on the project.

”Odfjell Drilling is very pleased to have been awarded this contract by Statoil. We see it as recognition on Statoil’s part of our combined expertise in engineering, purchasing, construction and installation,” says Mr Lieungh.

The contract is worth NOK 160 million (USD $27,7 million)  .

Veslefrikk is located in block 30/3 in the North Sea. The Veslefrikk field, which started producing in 1989, was the first field on the Norwegian continental shelf to be developed for production with a floating unit.

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Source:Odfjell Drilling , January 27, 2011; Image: Statoil