Energy firm BP Norway has awarded Norwegian engineering and construction company Aker Kvaerner a contract for tow and installation of a floating production storage and offloading unit at the Skarv field in the North Sea. The total contract value is approximately NOK300 million.

Aker Kvaerner said that the scope of the work includes pre-installation of 15 leg mooring system, tow from South Korea to Norway and transportation and installation of the floating production storage and offloading (FPSO) unit. The work will be executed by the firm’s subsidiary, Aker Marine Contractors.

The newly built offshore construction vessel Boa Sub C will be used for the mooring pre-installation. The vessel is tailored to perform mooring and subsea installation work up to 3000 meters in depth. Other vessels for this operation would be sourced from offshore service provider Maersk Supply Service.

Aker said that pre-installation of the 15 leg mooring system will be executed in 2010, while transportation and installation of the complete FPSO will be executed in 2011. The planning and engineering is expected to commence in January 2008.

Torgeir Ramstad, president for Aker Marine Contractors, said: Our company has extensive experience in installing floating production units. More than ten projects have been executed in a period of 12 years in different parts of the world. This award confirms our position in this exciting FPSO market.