Teekay’s Randgrid FSO begins Gina Krog work with Statoil

Teekay Offshore has informed that the Randgrid FSO has started working for Statoil at the Gina Krog oil and gas field in the Norwegian Sea.

The recently converted FSO had reached the field in mid-September, when the hook-up and commissioning activities began.

In a statement on Friday, Ingvild Sæther, President and CEO of Teekay Offshore Group Ltd said: “Today marks a significant milestone in Teekay Offshore’s FSO franchise with the start-up of our largest FSO project to-date.”

The Randgrid FSO further builds on our strategic partnership with Statoil and is expected to contribute annual cash flow from vessel operations of approximately $60 million during the firm period of the charter contract.”

The Randgrid, converted from a shuttle tanker by Sembcorp Marine in Singapore, will be used to store oil from the field which also produces gas.

Initially thought to be only a small size gas discovery made in 1974, the Gina Krog field proved oil in 2007 and 2008.

The Gina Krog is developed via a platform tied in to Sleipner A platform, and uses both processing capacity on the platform and existing pipelines for sending the gas to the market in Europe. Oil from the field is meant to be transported by the Rangrid FSO.

Offshore Energy Today Staff

Share this article

Follow Offshore Energy Today

Events>

<< Mar 2019 >>
MTWTFSS
25 26 27 28 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 31

16th MOSCOW INTERNATIONAL OIL AND GAS EXHIBITION

The Moscow International Oil & Gas Exhibition display products like oil and gas products, oil and gas services…

read more >

Beijing International Offshore Oil & Gas Exhibition (ciooe) 2019

Beijing International Offshore Oil & Gas Exhibition (ciooe), is a regular gathering in oil & gas industry…

read more >

Lebanon International Oil & Gas Summit 2019

LIOG 2019 will delve further into the opportunities that are present in Lebanon’s energy sector…

read more >

Atyrau Oil & Gas 2019

The event program is dedicated to the most topical issues of search, exploration, development of hydrocarbons…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply