Award for Statoil spar

By Rob Watts

 12 July 2012 22:59 GMT

Technip of France and South Korea’s Hyundai Heavy Industries have been awarded a letter of intent for a Nkr4 billion ($657 million) contract to build a large spar platform hull for Statoil’s Aasta Hansteen development off Norway.

The platform will be the first spar in Norwegian waters and is also the first to be chosen by Statoil, according to Technip.

Technip carried out front-end engineering and design studies for operator Statoil on Aasta Hansteen, formerly known as Luva.



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