Wood has secured a new $42 million contract from international energy company Equinor on behalf of operator Gassco to provide EPCI services at the Kollsnes gas processing plant in Norway, the company said on Sept. 17.
The contract will see Wood strengthen its onshore execution capabilities in Norway with the delivery of the Kollsnes MEG Upgrade (KMU) project, which includes an extension of the fourth MEG train at the plant, following the successful execution of the associated FEED study in 2019.
Effective immediately, the scope will be delivered by Wood’s engineering team in Norway, while leveraging the strength of the company’s process system expertise across its global organization. Subcontractor Kvaerner will deliver the construction scope at the Stord Yard.
This award strengthens Wood’s position as a leading contractor in the development and upgrades of critical onshore energy infrastructure, building upon recently awarded modification scopes for Equinor at the Mongstad refinery.
“We are delighted to be able to continue our long-term, global relationship with Equinor with the addition of this EPCI contract,” Dave Stewart, CEO of Wood’s Asset Solutions business in Europe, Africa, Asia and Australia, said. “This award supports our strategic focus on strengthening our position in the onshore energy market in Norway and enables us to draw on our rich heritage and experience that exists across our global organization.”
The Kollsnes MEG Upgrade project is scheduled for completion in 2023. The Kollsnes gas plant is located in Øygarden, west of Bergen, and processes the gas from the Troll, Kvitebjørn, Visund and Fram fields. Gassco operates the Kollsnes facility and Equinor is the technical services provider.
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