Oilfield services provider Aibel has been awarded the FEED study into the installation of a new gas module on the Troll C platform by the Norwegian oil company Statoil.
Aibel said on Wednesday that he contract also has an option for the implementation phase and that it is valued at more than NOK 600 million ($70.5M), including the option. Up to 40 employees will be engaged on the project during the FEED phase, the company added.
The assignment comprises the design and build of a new gas module on the Troll C platform, located in the North Sea. The service provider stated that the work on the FEED study begins immediately and is due to be completed in May 2017.
The option in the contract is for the actual implementation phase – project planning, purchasing, fabrication and installation – which would continue until the end of 2019. The work includes project planning, building and installation of the module, as well as associated work on the platform.
The study will be performed at Aibel’s office in Bergen. The implementation phase option would also be managed from Bergen, while the module would be built at Aibel’s yard in Haugesund.
Aibel’s EVP for Modifications and Yard Services, Bjørn Tollefsen, said: “The Troll C assignment is very important to us and demonstrates our strong and improved competitiveness in what is still a challenging market.”