Equinor awards contracts worth NOK 1.3 billion

Equinor awards contracts worth NOK 1.3 billion

Equinor awards two key contracts worth NOK 1.3 billion in connection with the Northern Lights project.

Kværner AS has received a letter of award for the engineering, procurement and construction (EPC) contract for the onshore plant facilities at Energiparken in Øygarden. The onshore plant will receive and store liquid CO2 before it is exported through a pump and pipeline system for injection offshore. The value of the contract is estimated at around NOK 1.05 billion.

The start-up of the work is planned in January 2021, and completion is planned by Q1 2024. Kværner AS is a fully owned subsidiary of Aker Solutions.

Aker Solutions AS has been awarded an EPC contract for delivering a subsea injection system for the CO2 well in the North Sea. The contract is awarded as a call-off under the framework agreement signed with Equinor in 2017. The value of the contract is around NOK 250 million. The work will start in January 2021 with installation and completion in 2023. The contract also includes options for equipment for future wells.

Information Source: Read Full Release ..

Press release by:

Equinor logo

Report by: OGP/Segun Cole , Please email us your industry related news for publication info@OilAndGasPress.com

Submit a Press Release

Follow us: @OilAndGasPress on Twitter | OilAndGasPress on Facebook