The
umbilical
will
connect
the
platform
to
subsea
compression
and
processing
equipment
that
will
help
increase
pressure
in
the
Brent
reservoir
of
the
Gullfaks
South
field
in
a
bid
to
boost
the
platform's
recovery
rate
from
62%
to
74%.
The
Nkr3
billion
($505
million)
wet-gas
compression
project,
which
Statoil
approved
last
month,
is
the
Norwegian
giant's
second
largest
such
venture
in
the
North
Sea
after
the
Asgard
subsea
gas-compression
project.
Schlumberger
unit
Framo
Engineering
won
a
Nkr900
million
contract
to
carry
out
engineering,
procurement
and
construction
and…
