Foster Wheeler on Wednesday signed a three-year
frame agreement with Statoil for the provision of front-end
engineering design (FEED) services for future projects at the Kårstø
and Kollsnes processing plants in Norway.
The frame agreement includes an option for Statoil to extend
the agreement for a further two years and for Foster Wheeler to
execute concept studies as well as FEEDs, according to the
The value of the agreement was not disclosed. Bookings will
be recorded as work is released by Statoil.
The Kårstø processing plant plays a key role in
the transport and treatment of gas and condensate from
twenty-eight fields on the Norwegian continental shelf, which
fields are connected to the plant via pipelines. The
Kårstø complex ranks as the worlds third
largest export port for liquefied petroleum gases (LPG) and is
the biggest in Europe.
Meanwhile, the processing plant at Kollsnes treats gas from the
Troll, Kvitebjørn and Visund fields in the North Sea,
and can handle up to 143 million standard cubic meters per
Statoil is acting on behalf of Gassco. Gassco is the
operator for the Kårstø and Kollsnes processing
plants, which are owned by the Gassled joint venture, with
Statoil as the technical service provider.
We have developed an excellent working relationship
with Statoil and have been working with them at these facilities under an existing
agreement for some time, as well as working with them on other
projects, including Snøhvit
said Umberto della Sala, chief operating
officer of Foster Wheeler.
We will continue to focus on providing responsive and
flexible service, combining our in-depth technical skills and
our significant upstream experience and capability to support
Statoil in successfully delivering its planned portfolio of projects at Kollsnes and