Åsgard C is owned by the shipping company Knudsen OAS Shipping AS, and has operated for about four years for Statoil as a storage vessel for condensate production from Åsgard B.
In connection with the development of the Kristin field, the Åsgard and Kristin parties have agreed that Åsgard C will be used as a joint storage facility for condensate. This requires an upgrade of Åsgard C in a number of areas.
A new charter agreement has been signed with the shipping company, including options up to 2018. Statoil's application also included a request for extended lifetime for Åsgard C.
This portion of the application is still being considered.
Contact person in the PSA: