AF Gruppen

Regulatory Filings • Jan 13, 2022

To construct Statpipe pipelines new landfall

To construct Statpipe pipelines new landfall

AF Gruppen has been the appointed contractor to build the new landfall tunnel for the Statpipe pipelines on Karmøy for Equinor on behalf of Gassco and Gassled JV.

The existing Statpipe landfall is to be replaced by a new landfall. AF Gruppen is the appointed contractor for execution of the civil works. The scope of work includes construction of a new 1.7 km long sub-sea tunnel, including a breakthrough at -60 b.s.l., and concrete structures for pipe installation.

Works are scheduled to commence in April 2022 and will be completed in 2024.

The contract has an approximate value of NOK 300 million excl. VAT.

“Earlier, AF Gruppen has built the landfall for the Åsgard pipelines at Kalstø. Now, we look forward to continuing the good cooperation with Equinor on a new project. The assignment gives us the opportunity to utilise our core expertise in tunnelling and experience with onshore facilities for the oil and gas sector,” says Geir Flåta, Executive Vice President of AF Gruppen.

For further information:

EVP Civil Engineering: Geir Flåta, tel. +47 99 40 15 10

EVP and CFO AF Gruppen: Sverre Hærem, tel. +47 95 24 51 67