NEMO Engineering AS awarded contract from Statoil Petroleum

NEMO Engineering AS, the subsea unit in APPLY, has been awarded a contract with Statoil Petroleum AS for the delivery of two 12 inch Hot Tap Gooseneck Spools on the Åsgard Subsea Compression Project, with the purpose to ensure an extended lifetime and increased exploitation for the Åsgard field in the North Sea.

Håkon Strømberg, the MD of NEMO stated : The project is considered to be technologically challenging, and the contract is a result of many years of experience with this type of deliveries which Nemo has supplied to Statoil and others.

The contract value is approximately 50 mNOK, and the equipment will be delivered autumn 2011.