New Wave Media

July 10, 2019

Subsea 7 Scores North Sea Contract

(Photo: Subsea 7)

(Photo: Subsea 7)

Offshore services firm Subsea 7 announced it has won a contract from Equinor for installation and diving operations on the Europipe II, Heimdal and Statfjord (EHS) fields, located in the Danish and Norwegian sectors of the North Sea.

The deal is worth between $50 million and $150 million, Subsea 7 said.

The contract comprises engineering, procurement, construction and installation (EPCI) of pipeline end manifolds (PLEM), bypass and tie-in spools for the Europipe II gas pipeline, Oseberg Gas Transport and Statpipe pipelines, operated by Gassco AS.

Project management and engineering, including front end engineering (FEED), will commence immediately at Subsea 7’s office in Stavanger, Norway, the company said.

Offshore installation campaigns are scheduled for 2020, 2021 and 2022 using one of Subsea 7’s vessels as well as heavy construction and light construction vessels.