Fjords Processing wins three North Sea orders

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The contracts, signed with Statoil on behalf of the Johan Sverdrup licence, cover the delivery of an oil separation package including seven separators; a gas dehydration system - including the TEG (triethylene glycol) regeneration facility; and electrostatic coalescers to remove water from oil.

The contract work entails concept development studies, design, engineering, fabrication and services of processing technology and expertise.

Rune Fantoft, CEO of Fjords Processing, said: “The contracts are strategically important for Fjords Processing, being a recently established, Norwegian supplier.”

Fornebu-headquartered Fjords Processing has been an independent company since it separated from Aker Solutions in September 2014.

“Taking part in the Johan Sverdrup development and cooperating with Statoil and Aker Solutions is of huge importance for us and for the Norwegian oil service industry. Though we are a niche, specialist supplier, we contribute with the vast Norwegian competence we have built over years, as part of the Aker group and through our relationship with Statoil,” said Fantoft.

The separator package and the coalescers will be managed and manufactured by Midsund Bruk, one of Fjords Processing's subsidiaries and workshops. Deliveries will start in 2015 and should be completed by the end of 2016.