Aker Options has secured an engineering, procurement, building, set up and commissioning (EPCIC) contract from Equinor ASA to improve the wastewater remedy plant services and decrease the environmental affect of the Mongstad refinery on the west coast of Norway.
The Mongstad refinery, situated 43.5 miles (70 kilometers) north of Bergen, is intently built-in with an oil terminal linked to a number of oilfields within the North Sea. It additionally interfaces with crude tankers which can be docked on the port.
The refinery has wastewater remedy plant services which can be designed to deal with water from the refinery, offsite sources and the oil terminal, Aker mentioned in a information launch Monday.
Aker mentioned the contract was “substantial,” which it defines as having a price between $220 million and $360 million (NOK 2.5 billion and NOK 4.0 billion). The corporate might be answerable for venture administration, engineering, procurement, building and set up work, and commissioning.
The venture is anticipated to be accomplished within the fourth quarter of 2026, Aker famous.
Aker’s engineering workplace in Bergen would be the fundamental location for venture administration, engineering, and procurement work. Its Mumbai workplace might be concerned in engineering. Prefabrication and meeting work might be finished from the Egersund yard, whereas the Stord yard might be liable for offering building personnel to the Mongstad web site, the corporate outlined.
“Equinor’s purpose is to cut back emissions considerably from the Mongstad refinery. This matches our purpose to allow our prospects to extend effectivity and decrease emissions of their operations, and guarantee protected and accountable manufacturing,” Paal Eikeseth, govt vp and head of Aker Options’ Life Cycle section, mentioned.
Aker in February introduced a contract award from Equinor to conduct a feasibility examine for its Mongstad Industrial Transformation venture.
The examine goals to determine options to considerably scale back carbon dioxide emissions from the present refinery and remodel the location into a brand new low-carbon trade cluster while demonstrating protected, technical, and economically possible options, in line with an earlier information launch from Aker.
The scope features a new greenfield facility which might be developed to provide blue hydrogen from pure and refinery gas fuel, together with a carbon seize and export answer. It additionally covers a brand new facility to provide sustainable aviation gas (SAF) from municipal strong waste with greater than 70 p.c decreased emissions.
“We’re excited to assist Equinor on this really transformational examine, maximizing industrial synergies to provide low-carbon options and sustainable fuels at a time when decarbonization could be very excessive on the agenda,” Roddy Macpherson, senior vp for consultancy at Aker Options, mentioned in a press release.
“For many years, we’ve labored with prospects and companions to reduce industrial uncertainty and allow knowledgeable decision-making for first-of-a-kind initiatives throughout the globe. Constructing on our sturdy engineering and building experience, and our understanding of the evolving vitality system and panorama, we purpose to drive change at tempo for our prospects. The Mongstad examine will assist to additional speed up Norway’s vitality transition, remodeling the nation’s solely remaining oil and fuel refinery to create vitality sources of the longer term,” Macpherson mentioned.
To contact the creator, e mail rocky.teodoro@rigzone.com