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  • Subsea 7 awarded contract offshore Norway
    édité le 21/12/2017 - Plus de news de "Subsea 7" - Voir la fiche entreprise de "Subsea 7"


Subsea 7 awarded contract offshore Norway
Subsea 7 S.A. announced the award of a substantial(1) contract by Statoil for the Snorre Expansion Project, located in the Tampen area, 150 km west of Florø in Norway.

The EPCI (engineering, procurement, construction and installation) contract includes Subsea 7’s cost-effective Pipeline Bundle technology, which contains all flowlines and control umbilicals necessary for operation. The project features three Pipeline Bundles: West, East and North.

Production of the Pipeline Bundle system will take place at Subsea 7's fabrication facilities at Wick, Scotland. Project management and engineering will commence immediately at Subsea 7’s offices in Stavanger, Norway and Aberdeen, Scotland. Offshore operations will take place in 2019 and 2020.

Phil Simons, Subsea 7’s Vice President North Sea and Canada, said, “Subsea 7 looks forward to working closely with Statoil to safely and successfully deliver our workscope on the Snorre project. This award demonstrates the versatility and economic benefit Subsea 7 can offer through its unique Pipeline Bundle technology, where all service lines are integrated in a single product and installed using our Controlled Depth Tow Method. It also recognises our proven track record, with more than 80 Bundles installed in the North Sea.”

Subsea 7 defines a substantial contract as being between USD 150 million and USD 300 million.

About Subsea 7

Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) is a leading global contractor in seabed-to-surface engineering, construction and services to the offshore energy industry. We provide technical solutions to enable the delivery of complex projects in all water depths and challenging environments.

About Statoil

Statoil ASA (OSE: STL, NYSE: STO) is an international energy company with operations in more than 30 countries, present in several of the most important oil and gas provinces in the world. Building on more than 45 years of experience from oil and gas production on the Norwegian continental shelf, we are committed to accommodating the world's energy needs in a responsible manner, applying technology and creating innovative business solutions. Statoil is among the world's largest net sellers of crude oil and condensate, the second-largest supplier of natural gas to the European market, and we also have substantial processing and refining operations. Statoil’s equity oil and gas production is around 2 million barrels oil equivalent per day. Statoil has contracted a fleet of around 90 ship for transportation of oil and LNG.
Statoil is headquartered in Norway with 21,000 employees worldwide, and is listed on the New York and Oslo stock exchanges.


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