Statoil awards Njord Bravo FSO upgrade contract to Aibel

Norway’s Statoil, on behalf of the Njord license, has awarded a NOK1.3bn ($166.7m) contract to Aibel for the upgrading of the Njord Bravo FSO vessel in the Norwegian Sea.

The contract involves the extensive upgrading and maintenance of the vessel, including the installation of equipment for reducing emissions, to prepare the FSO for extended operation of the Njord and Hyme fields, as well as tie-in of two new field developments in the Norwegian Sea, Bauge and Fenja.

Torger Rød, head of project development at Statoil, commented: “We are pleased to award Aibel this contract today. After several good deliveries, Aibel has proven that the company has both the expertise and ability to handle this type of complex projects.”

Stavanger headquartered Aibel will start the work immediately in anticipation of the FSO arriving at its Haugesund yard in July. Work is expected to be completed late 2019 or early 2020.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.
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