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Statoil awards Polarled pipeline contracts

Statoil has awarded Marubeni Itochu/JFE the fabrication contract for linepipe to the Polarled project, while Wasco has been awarded the coating contract, and Allseas the pipe-laying contract.

The Polarled-pipeline will export gas from the Aasta Hansteen field in the Norwegian Sea to the Nyhamna gas plant near Molde. No other oil/gas pipeline of this dimension has ever been laid at these water depths before.

The total estimated value for the three contracts is NOK 4 billion. The contracts have been awarded on behalf of the Polarled partners and are the result of a broadly based, competitive international tender between pre-qualified suppliers.

Statoil says in a press release that the coating contract includes the establishment of a new production base in Mo i Rana, Northern Norway.

"The Norwegian Sea is an exciting area on the Norwegian continental shelf. Polarled underpins this. Establishing new infrastructure increases the opportunities for the discoveries already made, and at the same time paves the way for further exploration and the development of future discoveries," says Rune Bjørnson, Statoil's head of Natural Gas.

Associated companies:

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