Technip Lands Dvalin Contract
- Business & Finance
DEA has awarded the EPCI (engineering, procurement, construction and installation) contract for the smaller structures and pipelines, as well as the subsea installation work of the Dvalin development to Technip Norge.
The contract includes the fabrication of smaller structures, the 12/16-inch pipe-in-pipe production flowline, the 12-inch gas export pipeline and the installation of pipelines as well as all subsea structures and umbilical for the Dvalin field.
“This contract is another major element for the Dvalin field development. We will now start to collaborate closely on the details with all companies we have on board, to continue the efficient work on the project”, says Hans-Hermann Andreae, managing director of DEA Norge.
“The Dvalin licence has awarded contracts with a value of 530 million EUR (4,5 billion NOK) over the past days. These contracts will create hundreds of jobs in a demanding time for the supplier industry”, says Andreae. Later in the project phase, several other contracts will be awarded, among others a contract for the drilling of four production wells.
The development cost is estimated to 1.1 billion Euros (10 billion Norwegian Kroner), with planned production start in 2020. Dvalin will be developed with a four wells subsea template, which is connected to the Heidrun platform. At Heidrun, the gas will be partly processed in a new module, before the gas is transported in a new export pipeline to Polarled, going to the Nyhamna onshore gas terminal. At Nyhamna, the gas will be processed and transported to the European market.