The FINANCIAL — A contract initially worth NOK 470 million for electrical and instrumentation work at the Kårstø plant has been awarded to Aibel AS by StatoilHydro on behalf of operator Gassco.
According to StatoilHydro, this job forms part of the Kårstø expansion project 2010 (KEP2010) at the gas and condensate processing facility north of Stavanger. It embraces excavation of cable trenches, laying of new instrumentation and electrical cables, and installation of field instruments over large parts of the site.
The work also embraces assistance with installing system deliveries for fire and gas alarms, process control and emergency shutdown.
In addition to its basic value of NOK 470 million, the contract includes options for testing the upgraded facilities as well as for upgrading a steam boiler and removing old equipment.
The contract becomes effective immediately and work except on the options will begin at Kårstø in August. It is due to be completed during 2010.
KEP2010 is a collective term for a number of sub-projects which aim to make Kårstø robust for safe and efficient operation over many years. Key elements include upgrading instrument systems and utilities in the Statpipe/Sleipner parts of the plant. The work has been costed at roughly NOK 6.5 billion.
The Kårstø facilities are owned by the Gassled joint venture, with Gassco as operator and StatoilHydro responsible for providing technical services.
