Siemens to Supply Compression Train for a Statoil Vessel

Date : 02/13/2018 @ 11:10AM
Source : Dow Jones News
Stock : Equinor Asa (EQNR)
Quote : 23.21  -1.15 (-4.72%) @ 3:28PM

Siemens to Supply Compression Train for a Statoil Vessel

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   By Sonia Amaral Rohter 
 

Siemens AG (SIE.XE) said Tuesday that it has been selected to supply a compression train for a Statoil ASA (STL.OS) vessel located in the Johan Castberg oil field in the Barents Sea.

Siemens said it will engineer, manufacture and commission the SGT-750 gas turbine-driven compression train for a floating production, storage and offloading vessel operated by Statoil. The company will also supply a waste-heat recovery unit, it said.

This is the first offshore application of this particular type of gas turbine, Siemens said, and delivery is expected to take place in mid-2019, with the first oil planned for 2022.

The contract was booked as part of its frame agreement with Statoil, Siemens said.

 

Write to Sonia Amaral Rohter at sonia.amaralrohter@dowjones.com

 

(END) Dow Jones Newswires

February 13, 2018 10:55 ET (15:55 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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