Statoil has exercised its contractual option for engineering, procurement, construction and installation (EPCI) of a gas module that will increase gas processing capacity on its Troll B platform.
The option, which is worth NOK 370m ($44.9m), is part of the front-end engineering and design (FEED) contract awarded to Aker Solutions in January this year.
“The gas module is an important contribution to reaching the licensees’ IOR ambition for the Troll field. It will raise production capacity on Troll B and help us recover as much as possible of remaining resources during tale end productio,” Statoil’s project director Eric Normann Ulland said in a release.
The module will increase recovery by around 4.7m bbl of oil when it starts up in the third quarter of 2018, Ulland said. It will run until Troll B is shut down in 2025.
Engineering work will be carried out by Aker Solutions in Bergen and construction of the 500-tonne module will start at Aker’s yard in Egersund in 2017.