Norsk Hydro awards contract for Ormen Lange gas terminal

By OGJ editors

HOUSTON, July 12 -- Norsk Hydro ASA and partners awarded a $2 billion kroner contract to Aker Kværner ASA for the engineering, procurement, and construction of a gas reception and export area at Nyhamna on Norway's west coast as part of the Ormen Lange development project.

Construction, which is slated to begin in spring 2005, also will include a slug catcher, the flare tower, and emergency shut down valves for the Ormen Lange gas terminal.

The natural gas-condensate Ormen Lange field is slated to begin producing 2.5 bcfd in October 2007. The $9.5 billion project is the largest in Norway's history. The field lies on Block 6305/5 more than 100 km northwest of Aukra, Norway, in 3,300 ft of water. Reserves are 14 tcf of gas and 180 million bbl of condensate.