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


(END) Dow Jones Newswires

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

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

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