Ocean Installer receives letter of award for a sizeable EPCI contract from Equinor

Project includes detail design work, fabrication and installation of rigid spools, and installation of the FCU (Flow Condition Unit) at the Mikkel field – an existing tie-back connected to the Åsgård subsea compression system in the Norwegian sea.

• EPCI (Engineering, Procurement, Construction and Installation) project with offshore operations set for 2027.
• Scope of work includes detail design of rock foundation carpets, spool fabrication, installation of FCU (Flow Condition Unit) and spools.
• The new spools will be fabricated using surplus material from previous projects, reducing costs and environmental footprint and accelerating lead time.
• A life extension project for the Mikkel field with the FCU enabling production at a lower minimum flow rate.

The FCU’s functionality is to dampen and accumulate the liquid surges transported together with the gas flow stream, dosing liquid back into the gas flow stream in a more stable rate, according to the liquid handling capacity of the Åsgard subsea compression station.

_{*Moreld defines a sizeable contract, as between NOK 100 million and NOK 500 million in expected value.}