Saturday, May 9, 2009

Framo gets contract to boost Gullfaks South reserves

NORWAY: StatoilHydro has awarded Norwegian company Framo Engineering a contract to develop a solution for subsea wet gas compression which could extend the production life of Gullfaks South field.

StatoilHydro awarded the contract to Framo on behalf of the Gullfaks licensees. The other member of this partnership is Petoro. The solution aims to improve recovery of natural gas which contains condensate and water, a mix known as wet gas. The goal is to boost recoverable gas reserves in Gullfaks South by 3 Bscm (105.9 Bcf), a six percent increase from the current estimate. The development solution is based on a subsea compressor template tied back to the Gullfaks C platform and will be developed in competition with a topside compressor solution.
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