Equinor awards contract worth NOK 8bn to Aibel

Equinor has, on behalf of the Snøhvit partnership, awarded Aibel a major contract for Hammerfest LNG modifications in connection with the Snøhvit Future project. The contract is subject to governmental approval of the project.
Aibel has been awarded an EPCI contract that involves engineering, procurement, construction, and installation of two new processing modules related to the onshore compression and electrification of the Melkøya plant. They will also build a new receiving station for power from shore and carry out integration work at the plant.
The contract is an option in the FEED contract (front-end engineering and design) awarded to Aibel in September 2020.
Aibel will also carry out further upgrades of existing systems at Hammerfest LNG to make the plant more resilient for extended life until 2050.
This year and next, Aibel will award several major contracts to its subcontractors for work at the plant and will facilitate the use of local suppliers in several phases of the project, including construction. The engineering/design work starts immediately.
Aibel will carry out large, complex modifications at Hammerfest LNG. They will also build larger modules at their yards and most of the work will be carried out in the period of 2024-2026.
NOK 13.2bn will be invested in the Snøhvit Future project, ensuring the continued operation of the plant towards 2050.

Previous articleWelspun appoints Neeraj Kant as CEO – Steel Vertical
Next articleMidhani to produce nickel and titanium for aerospace
Stainless Steel World Publisher
Stainless Steel World is part of The KCI Media Group, a group of companies focused on building and sustaining global communities in the flow control industries. We publish news on a daily basis and connect business-to-business professionals through our online communities, publications, conferences and exhibitions.