TechnipFMC has won the Integrated Engineering, Procurement, Construction and Installation (iEPCI) contract from Equinor for the Smørbukk Nord development in the Norwegian Sea.
The contract follows front-end engineering and design (FEED) work for the project that was won by the company last year. The value of the contract was not revealed by TechnipFMC.
Under the terms of the contract, TechnipFMC will be responsible for the high pressure, high-temperature subsea production system and associated equipment. These will be utilized for enabling a brownfield tieback of the Smørbukk Nord discovery to the Åsgard field.
The installation campaign will be carried out by TechnipFMC's battery hybrid vessel, which is claimed to lower emissions of greenhouse gases by reducing fuel consumption.
Smørbukk Nord was discovered in 2013 through the drilling of the 6506/9-3 well in production Licence 479. Drilled by the Transocean Leader rig, approximately 5km north of the Åsgard field, the well had encountered a gas and condensate column of 131ft.
According to preliminary estimates, the discovery has a size in the range of 4-7.5 million Sm3 of recoverable oil equivalents.
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