Statoil awards concept and feasibility study contracts to Wood Group
- Business & Finance
Energy services company Wood Group has been awarded two new contracts by Statoil to deliver concept and feasibility studies for the oil company’s Norwegian North Sea assets.
Wood Group said on Monday that, effective immediately, it will deliver a topside concept study evaluating the tie in of Total’s Garantiana field development to Statoil’s Gullfaks B and Visund facilities.
In addition, Wood Group will provide a feasibility study for Statoil’s Tampen oil pipeline, covering subsea pipelines and risers and topside modifications.
The two contracts are awarded under an evergreen master services agreement secured with Statoil in May 2016, to support the life cycles of their offshore and onshore facilities. They will be delivered by Wood Group’s offices in Norway.
Robin Watson, Wood Group’s chief executive, said: “We will utilize our broad depth of capabilities, Norwegian North Sea experience and robust technical expertise in concept and feasibility studies to support their successful delivery.
“It’s notable our support on the Tampen Oil pipeline project is leveraging our topside and subsea competence and knowledge, demonstrating Statoil’s clear confidence in our ability to harness our solutions across a diverse project scope. Our focus will be delivering safe, efficient and innovative services that support and enhance these facilities.”