StatoilHydro Moves Quickly on Karsto's Expansion Project

---

Researched by Industrial Info Resources (Sugar Land, Texas)--StatoilHydro ASA (NYSE:STO) (Stavanger, Norway) is successfully advancing with the Karsto's Expansion Project 2010, with 35% of the liquefied natural gas (LNG)-related project construction complete.

The project's main objective is to comply with enviromental agreements and new policies, which involve the control of CO2 emissions and ensure the supply of LNG in the region, by revamping the oldest facilities of the existing plant.

The project includes two new sub-projects, including four metering stations for loading from tanks to carriers, and replacement and equipment for mixing gas between the Statpipe and Asgard pipelines.

The main objective of these facility installations is to ensure the right CO2 level in the plant. On August 24, KBR Incorporated (NYSE:KBR) (Houston, Texas), a U.S.-based engineering construction and services company, announced that subsidiary M.W. Kellogg Limited had been awarded two contracts which cover site preparation, foundations and road work in connection with the implementation of these two new sub-projects.

The Karsto processing plant, located in the north of Stavanger and operated by Gassco AS, processes and transports gas and condensate (light oil) from major regions of the Norwegian continental platform.

View Plant Profile- 1034661

Industrial Info Resources (IIR) is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy related markets. For more than 26 years, Industrial Info has provided plant and project opportunity databases, market forecasts, high resolution maps, and daily industry news.