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Home›Business & Finance›Equinor Opts for Aker Solutions Module on Troll 3 Project
Business & Finance

May 16, 2018 · about 8 years ago

Equinor Opts for Aker Solutions Module on Troll 3 Project

Following the contract award for the delivery of subsea equipment for Troll Phase 3, Aker Solutions has been selected by Equinor (former Statoil) and the Troll partners for the delivery of a new processing module. In 2017 the Troll partnership selected a subsea concept with tie-in to the Troll A pla

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Following the contract award for the delivery of subsea equipment for Troll Phase 3, Aker Solutions has been selected by Equinor (former Statoil) and the Troll partners for the delivery of a new processing module.

In 2017 the Troll partnership selected a subsea concept with tie-in to the Troll A platform for the Troll Phase 3 development.

The subsea concept involves the construction of subsea templates, drilling of eight production wells, laying of a 36-inch pipeline and installation of a new processing module on the Troll A platform.

The EPCI contract value for the processing module is NOK 1 billion.

The contract is awarded through the exercise of an option in Aker Solutions’ contract for front-end engineering (FEED) awarded in September 2017.

“By exercising this option, we aim to ensure continuity from pre-engineering to the execution phase of the project. The new processing module is an important part of the Troll Phase 3 project, and safe, high-quality completion of the module is essential to the project,” says Bjørn Laastad , project director for Troll Phase 3.

The 1200-tonne processing module will be built at the Aker Solutions yard in Egersund, whereas the engineering work will be performed in Bergen. The project will generate some 900 man-years of employment over a three-year period. The module will be installed on the Troll A platform in the summer of 2020.

The Troll phase 3 project is scheduled to come on stream in 2021.

Equinor and the partnership plan to make a final investment decision and submit the plan for development and production (PDO) for Troll Phase 3 in the third quarter of 2018.

The final contract award is subject to Troll partnership’s investment decision and government approval of Troll Phase 3.

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