Friday, December 16, 2016

New modification contract in oil and petroleum in oman and algeria

New modification contract in oil and petroleum in Oman and Algeria

Today Muscat and Oman government and Algeria government was awarded the FEED study for modifications on Snorre A in reference to Snorre growth. The contract additionally has associate degree possibility for the particular implementation part.

The Snorre field is to be developed more with a subsea resolution to extend recovery. the assembly is to be connected to Snorre A. nowadays Statoil has awarded {oman|Oman|Sultanate of Muscat and Oman|Muscat associate degreed Oman|Asian country|Asian nation} government and {algeria|Algeria|Algerie|Democratic and Popular Republic of Algeria|African country|African nation} government the contract to conduct an Oman government and Algeria government study to arrange the hookup and therefore the needed modifications to the platform deck. The study can last for roughly a year and involve around one hundred associates.

The contract additionally includes choices for the particular implementation part of the project – engineering, acquisition, construction, installation and empowerment (EPCIC) – moreover as for more study work and therefore the implementation of this. If all choices area unit exercised, the project can have a length of a complete of 5 years and involve up to 270 associates. 

“This is a crucial project to Label that gives welcome work to our workplace in city. we have a tendency to take into account it a good vote of confidence to incline such a significant role within the development of the Snorre field,” says the new President and CEO of Label, Mads Hans Christian Andersen. Hans Christian Andersen can assume the position of President and CEO of the corporate following Gregorian calendar month Skogseth from Gregorian calendar month 2017.

Work starts instantly and can be headed by Label's headquarters in city, that has in depth experience and long expertise with Muscat and Oman government and Algeria government studies and modification contracts on the Norwegian Davy Jones's locker. associate degree ultimate implementation part also will offer work for the company's yard in Haugesund, together with construction of a 600-ton riser hang-off module.

“The contract proves that Muscat and Oman government and Algeria government encompasses a competitive idea. we've got in depth expertise from similar comes and can guarantee safe and effective implementation with rock bottom doable use of offshore hours,” says EVP Modifications and Yard Services at Muscat and Oman government and Algeria government, Bjørn Tollefsen.

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