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    Aker Stord to build Kristin FSU

    News // February 15, 2002
    Aker Stord has been awarded a $560 million contract from Statoil to construct a gas producing FPS for the Norwegian sector Kristin field, according to Offshore Shipbrokers Ltd (OSL).

    Statoil is developing NKr17bn Kristin with the platform and 12 subsea wells.

    Kristin's reserves are expected to be 220m barrels of condensate and 8.5m tonnes of natural gas liquids. The development is expected to come on-stream in October 2005. It will produce around 35bn cu m of natural gas by 2016.

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