Wood bags $84m EPCI contract from Equinor for Breidablikk development
British energy services company Wood has bagged an engineering, procurement, construction, and installation (EPCI) services contract worth $84 million from Equinor in the Norwegian North Sea.
As per the terms of the contract, Wood will supply all topside modifications at Equinor’s Grane platform, which will be prepared to enable the tie-back of the Breidablikk subsea development.
The preparatory tie-in modifications at the Grane platform will be wrapped up in the first half of 2024.
Dave Stewart – CEO of Wood Asset Solutions business in Europe, Africa, Asia and Australia, said: “We are pleased to support the development of the Breidablikk tie-in project, which aligns with our ambition to support our clients with realising the full potential of their project portfolios.
“We have built a strong working relationship with Equinor over more than two decades and we look forward to continuing our track record as a key contributor to this impressive project.”
According to Wood, modifications of the Grane platform will include the integration of new pipelines and an umbilical, and also increasing capacity for produced water at the installation.
The British energy services company said that majority of the preparatory work will be undertaken by its teams located in Sandefjord and Stavanger in Norway.
Wood said that the EPCI contract has been won following its successful delivery of the FEED study, which was won with an option for the EPCI scope last year.
Lars Fredrik Bakke – Wood senior vice president in Norway said: “Our involvement in this project allows us to leverage the maintenance, modifications, and operational expertise within our Norway organisation to ensure the successful integration of this subsea tie-back.
“Winning this contract strengthens our position as a key partner in extending production from existing infrastructure, both in Norway and globally.”
The EPCI contract is subject to final approval of the Breidablikk development from the Norwegian authorities.