Kongsberg Inks Statoil Deal

Kongsberg Oil & Gas Technologies, a wholly owned subsidiary of Kongsberg Gruppen ASA, has signed a frame agreement with Statoil for services related to Statoil’s dynamic process simulators.

The frame agreement includes that Kongsberg will maintain, modify and upgrade Statoil’s existing dynamic process simulators, and is valid for up to 12 years including all installations in Norway and abroad.

Kongsberg has delivered and maintained dynamic process simulators to 27 of Statoil’s installations since 1988.

How it works

Dynamic process simulators are useful in all phases of the life cycle in an oil and gas field. By utilizing its power, a process simulator can predict more cost efficient field development, during operations and processes, and ultimately decommissioning. By analyzing both behavior and processes, and using it for operator training, it can help increase cost efficiency and minimize HSE risk.

“We are very satisfied with this frame agreement,” says Egil Haugsdal, president of Kongsberg Oil & Gas Technologies. ”Statoil is the key operator on the Norwegian Continental Shelf and is also an important player in the international industry. Being chosen by Statoil is a signal that we have added value to their operations during the years since the first delivery, and it also indicates that we have solutions the industry needs in times more cost focused than ever.”

Kongsberg Digital

Kongsberg announced in February that all oil & gas related engineering services will be compiled and continued by Kongsberg Maritime. Kongsberg Oil & Gas Technologies’ largest division, Software & Services, will be part of Kongsberg Digital. As a consequence, Kongsberg Oil & Gas Technologies will be discontinued in 2016 and will no longer be a separate business area within Kongsberg. This contract will be continued by Kongsberg Digital.

Share this article

Follow Subsea World News


<< Nov 2019 >>
28 29 30 31 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 1


The Offshore Technology Conference Asia (OTC Asia) is where energy professionals meet to exchange…

read more >

6th Offshore Well Intervention Conference Gulf of Mexico

The Offshore Well Intervention Gulf of Mexico conference (OWI GOM) is returning to Houston, Texas for its sixth year on Wednesday 20 – Thursday 21 November.

Featuring Anadarko, BP, Shell, Chevron, BHGE and Oceaneering, the conference aims to help operators transition to the latest compliance updates, WI systems and business models that enhance safety, quicken well access and improve commerciality.

Across two days, more than 200 delegates, 15 exhibitors and 30 speakers will network together and create solutions to some of the most pertinent industry challenges right now, through a conference programme focused on:

  1. Clarifying compliance updates
  2. Quicker well access and safer well control
  3. ​Understanding HPHT well intervention (systems)
  4. Forecasting well intervention activity, discussing new commercial models and comparing platform options
  5. Best practice riserless well intervention
  6. ​The latest well intervention equipment

For registration, speaking or sponsorship enquiries contact Abigail Clifton on aclifton@offsnet.com; +44 (0) 203 793 8800.

More info

read more >

Underwater Intervention (UI) 2020

Underwater Intervention Conference is a conference where oil and gas industry professionals, senior decision…

read more >

Subsea Expo 2020

Subsea Expo is the world’s largest subsea exhibition and conference and is completely free to attend.

read more >