Wood secures Equinor contract

Helge Hansen / Equinor

WOOD has secured a US$42m contract from Equinor to provide engineering, procurement, construction, and installation (EPCI) services at the Kollsnes gas processing plant in Øygarden, Norway.

The facility is operated by Gassco, with Equinor being the technical services provider. It processes gas from the Troll, Kvitebjørn,Visund and Fram fields. Wood’s contract includes extending the fourth monoethylene glycol (MEG) train at the plant, as part of the Kollsnes MEG Upgrade (KMU) project. The FEED study was completed in 2019 and the KMU project is due to be completed in 2023.

Lars Fredrik Bakke, Wood’s Senior Vice President in Norway, said: “Delivering the MEG upgrade at the Kollsnes process plant allows us to leverage our market-leading expertise in downstream processing to support Equinor’s technical operations of this critical piece of onshore energy infrastructure, through which 40% of all Norwegian gas export flows.”

Dave Stewart, CEO of Wood’s Asset Solutions business in Europe, Africa, Asia and Australia, said: “We are delighted to be able to continue our long-term, global relationship with Equinor with the addition of this EPCI contract. This award supports our strategic focus on strengthening our position in the onshore energy market in Norway.”

Wood was also awarded two contracts at Equinor’s Mongstad refinery in 2018.