Wood awarded EPCI for Boosting Station Oil Recovery Project

[Dated: 21 Feb 2019 ]     Country : Norway

Wood has secured a new $13 million contract with Equinor to deliver engineering, procurement, construction, and installation (EPCI) services to the Vigdis boosting station increased oil recovery (IOR) project. Effective immediately, Wood will provide topside modifications to enable the tie-in of subsea equipment to offshore platforms Snorre A and Snorre B, which process oil from the Vigdis subsea field, located in the Norwegian North Sea.

The contract is delivered from Wood’s office in Sandefjord, Norway, and follows the company’s successful completion of the front-end engineering design (FEED) and concept study for the asset. Wood also currently provides maintenance, modification and operations (MMO) services on Snorre A and B under a framework agreement with Equinor. Wood has a longstanding relationship with Equinor and this contract award further demonstrates their confidence in our offshore modifications capabilities. This new contract also supports our strategic focus on solidifying our position as a modifications service provider in Norway. On completion of the project, production from the Vigdis field will be increased by almost 11 million barrels.

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