CB&I bags HYUNDAI’s offshore contract in Norway
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CB&I bags HYUNDAI’s offshore contract in Norway

6:19 AM, 21st February 2013
CB&I bags HYUNDAI’s offshore contract in Norway
Lasse Petterson, Executive Vice President and Chief Operating Officer, CB&I.

THE WOODLANDS, US: CB&I has been awarded a project valued in excess of $180 million by HYUNDAI Heavy Industries Co Ltd (HHI). CB&I’s scope of work, which will commence in the first quarter, includes detailed engineering design and procurement services for the spar topside that is part of Statoil’s Aasta Hansteen field development project off the coast of Norway.

When operation begins, the production platform will be the world’s largest, capable of producing 23 million cubic metre of gas a day and storing 160,000 barrels of condensate. “The award builds on our extensive work history engineering offshore topsides and our successful track record on the Norwegian Continental Shelf,” said Lasse Petterson, Executive Vice President and Chief Operating Officer, CB&I.

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