Forsys Subsea Wins Statoil Åsgard Contract

Published at 10:10AM - 15/02/16

Forsys Subsea wins Statoil Åsgard contract, increasing the order book for the new Technip FMC Technologies joint venture.

The contract will see Forsys Subsea conduct a front-end engineering and design (FEED) study on subsea infrastructure for the Statoil operated Åsgard A Floating Production Storage Offloading (FPSO) vessel.

Forsys Subsea Wins Statoil Åsgard Contrac

Work will focus on a tieback from the new Trestakk field to Åsgard A FPSO, and include all systems and services from the wellhead to Åsgard A riser hang-off, including umbilicals, riser, flowlines and subsea production system.

All work will be conducted and managed through the company’s regional office in Oslo Norway, with parent companies FMC Technologies and Technip also assisting via their Norwegian offices.

Forsys Subsea CEO,  Rasmus Sunde, said: “The Trestakk FEED award from Statoil shows our commitment to reducing costs and improving returns for our customers by combining the capabilities and experience of the alliance between FMC Technologies and Technip,”

Forsys Subsea

Forsys Subsea is a result of a joint venture between subsea majors Technip and FMC Technologies.

Launched back in March 2015, the 50/50 joint venture aims to combine the strengths of the two companies with Forsys claiming that it will “redefine the way subsea fields are designed, delivered and maintained.”

Headquartered in London, the company has multiple regional office throughout the major offshore energy regions, including Norway, Houston, Brazil and Singapore.