China Ramps Up Offshore Wind Projects After Slowdown
(Bloomberg) — China has rebuilt a substantial pipeline of offshore wind projects as the sector recovers from a slowdown that followed the end of national subsidies in 2021, according to...
Technip was awarded by Statoil a contract, valued above €150million, for the major Åsgard Subsea Compression project located in the Norwegian Sea, 40 kilometers East of the Åsgard field, at a water depth of 340 meters. The contract covers the installation of the subsea compression system and its connection to the existing subsea infrastructure and the Åsgard platform.
The contract includes:
It also comprises options for the following works:
Technip’s operating centers in Oslo and Stavanger, Norway will execute the contract. Offshore construction will take place in 2013 and 2014. The contract also includes options for the IMR(3) stand-by vessel until 2018.
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