Norway: Fram East contract

Hydro has awarded Aker Kvaerner the contract for reconstruction of the Troll C platform in order to produce oil from the satellite field Fram East. Aker Kvaerner Elektro is responsible for the electro, instrument and telecommunication work in connection with the modifications on Troll C. The contract value is approximately NOK 265 million. Aker Kvaerner Offshore Partner in Bergen will complete the work within October 2006. Pre-fabrication of steel and pipework will be carried out at the company’s workshops. The offshore installation work starts September 1, 2005 under the management of Hydro. Design and procurement will begin immediately and pre-fabrication will start in June 2005. Kvaerner Oilfield Products will deliver the subsea installations for Fram East. These installations will be installed at 360m water depth. Overall, Hydro will have five oil producing wells on the seabed and two wells for water injection on Fram East. The oil will be piped for approximately 19km to Troll C where it is to be processed. According to plan, the production of the Fram East oil will start in October 2006.





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