Aker Kvaerner delivers environmental technology to Statoil
8 May 2006 - Aker Kvaerner has signed a contract with Statoil for design and delivery of the world’s largest system for capturing and recovering crude oil vapours. The new system will treat all vapours emitted from ship loading of crude oil at the oil company’s Mongstad terminal at the Norwegian West coast. The plant will be in operation by end of 2007/beginning of 2008. The total contract value for Aker Kvaerner is approximately NOK 115 million.
The new unit is based on Aker Kvaerner’s in-house carbon bed adsorption technology and allows capturing and recovering volatile organic compounds (VOC), which are vapours typically emitted during loading and offloading petroleum products. The new installation will be part of Statoil’s VOC reduction project at the Mongstad terminal.
The VOC unit will treat all vapours emitted from ship loading of crude oil at the terminal. The peak capacity of the unit is 36 000 cubic meters per hour vapour rate. In order to meet the Norwegian Pollution Control Authority directives for VOC abatement on the premises, Statoil selected Aker Kværner’s solution after careful evaluation of alternative technologies.
“Entering this agreement with Statoil, for supply of the world’s largest VOC recovery unit, confirms Aker Kvaerner’s position as a world class vendor of VOC recovery units”, says Morten Reimer Hansen, President of Aker Kvaerner Cool Sorption, which is the Aker Kvaerner company responsible for delivering the system.
The contract has been signed subject to final approval from Statoil management.
Notes to Editors:
Aker Kvaerner has worked on the development of the VOC recovery technologies since 1982.
Aker Kvaerner has delivered more than 200 VRUs world-wide over the past 24 years, including a similar unit to the Sture terminal in 1995 and eight units for shuttle tankers and storage ships in Norwegian waters over the past ten years. Aker Kvaerner has also installed about ten VRUs for gasoline vapour recovery at fuel depots along the Norwegian coast.
AKER KVÆRNER ASA, through its subsidiaries and affiliates (“Aker Kvaerner”), is a leading global provider of engineering and construction services, technology products and integrated solutions. The business within Aker Kvaerner comprises several industries, including Oil & Gas, Refining & Chemicals, Mining & Metals, Pharmaceuticals & Biotechnology, Power Generation and Pulp & Paper. The Aker Kvaerner group is organised into two principal business streams, namely Oil & Gas and E&C, each consisting of a number of separate legal entities. Aker Kvaerner is used as the common brand/trademark for most of these entities.
The parent company in the group is Aker Kværner ASA. Aker Kvaerner has aggregated annual revenues of approximately NOK 41.4 billion and employs approximately 21 000 people in more than 30 countries.
Aker Kvaerner is part of the Aker Group (www.akerasa.com), a leading multi-industry powerhouse with more than 40 000 employees and NOK 62 billion revenues. Aker owns 50.01 percent of Aker Kvaerner, and the group is also a major European shipbuilder and a significant participant in the fisheries industry.
Aker Kvaerner Process Systems is a supplier of selected process equipment for treatment of well stream, oil, gas, produced water and solids for the upstream oil and gas industry. The main product lines are mainly based on own proprietary/novel technology within, Wellstream Separation, Heavy crude treatment, Gas Conditioning, MEG Reclamation and Regeneration, Sulphate removal, VOC recovery and Sand Management Systems.
This press release may include forward-looking information or statements and is subject to our disclaimer, see our web-pages www.akerkvaerner.com
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