Statoil awards Trestakk prizes

Statoil has awarded contracts to the FMC Technologies and Technip joint venture Forsys Subsea, and to Aker Solutions for its Trestakk field development that is scheduled for start-up in 2019, offshore Norway.

Illustration of the Trestakk field, from Statoil. 

Forsys Subsea will take on the engineering, procurement, construction and installation (EPCI) portion, with the Technip side of the JV to supply the flexible riser, production flowline, gas injection line, flexible jumpers, and umbilicals. FMC’s side will provide the subsea production system — including subsea trees and completion system, a manifold, wellheads, subsea and topside control systems — as well as tie-in hardware and tools.

“This award demonstrates that our alliance with Technip can deliver real benefits to customers by integrating our products, systems, and services,” said FMC Technologies President and CEO Doug Pferdehirt. “It shows that customers are embracing a new way of doing business that involves engaging with us early through integrated FEED studies that can lead to integrated EPCI projects. This provides us with even greater confidence that TechnipFMC, as one company, will be uniquely positioned to deliver truly integrated projects.”

“Our value proposition builds on early involvement and integrated solutions. Through earlier and broader vision on projects, we can simplify subsea field architectures and thus help our clients to significantly improve project economics,” said Thierry Pilenko, Technip’s chairman and CEO.

Statoil also announced a contract award to Aker Solutions in Trondheim for the Åsgard topside work, which mainly consists of piping to connect the well stream to the vessel, and upgrading of the metering systems. The Åsgard A production vessel will be modified to receive oil and gas from the Trestakk field.

“Statoil has cooperated closely with partners and suppliers to reduce development costs for the Trestakk field. We submitted the plan for development and operation (PDO) to the authorities on 1 November, and we are pleased to be able to award contracts already now to FMC Technologies, Technip and Aker Solutions.”

Trestakk is an oil and associated gas field located in the Norwegian Sea in Block 6406/3, production license PL091, about 27km southeast of Åsgard A. The water depth in the region is approximately 300m.

“The Trestakk development is important to maintain activity on the Norwegian continental shelf,” says Torger Rød, senior vice president for project development in Statoil.

Trestakk is anticipated to start-up production in 2019, and will developed as a tieback, comprising of three production wells and two gas injection wells, to the Åsgard A oil production vessel. 

According to the PDO, the field will cost about US$610 million (NOK 5.5 billion), about 21% less than earlier estimates of some $852 million (NOK 7 billion) at concept selection at the beginning of the year; in addition to half of the initial investment estimates.

Statoil said the reductions were achieved through rethinking concept, simplifying and reducing scope in addition to capitalizing on recent efficiency improvement initiatives.

Trestakk was first discovered in 1986 on the Halten Bank and is estimated to contain about 76 MMboe, mainly oil.

Read more:

Trestakk on track for 2019

 

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