Subsea 7 S.A. announced the award of a substantial(1) contract by Equinor for the Johan Sverdrup Phase 2 project, located in the North Sea, 160 kilometres west from Stavanger in Norway.
The EPIC contract comprises project management, engineering, procurement, construction and installation of approximately 100 kilometres of rigid pipelines, including 40 kilometres of pipe-in-pipe flowlines, 27 kilometres of water injection and 37 kilometres of gas injection pipelines. The Marine Operations scope includes the installation of 23 kilometres of umbilicals, tie-in spools and precommissioning.
Project management and engineering will commence immediately at Subsea 7’s offices in Stavanger, Norway. Fabrication will take place at Subsea 7’s spoolbase at Vigra, Norway and offshore operations will be carried out in 2021 using a number of vessels, including one of our state-of-the-art diving vessels and a reel-lay vessel specially designed to deliver innovative flowline technologies that address long-distance and more complex tie-back developments.
Monica Bjørkmann, Subsea 7’s Vice President Norway, said, “This award continues our long-standing collaborative relationship with Equinor and draws upon Subsea 7’s substantial experience in delivering SURF solutions reliably, safely and sustainably. Subsea 7 looks forward to working closely with Equinor to successfully deliver our workscope on Johan Sverdrup, with safety and quality at the forefront throughout.”
(1) Subsea 7 defines a substantial contract as being between USD 150 million and USD 300 million.
About Subsea 7
Subsea 7 is a global leader in the delivery of offshore projects and services for the evolving energy industry.
We create sustainable value by being the industry’s partner and employer of choice in delivering the efficient offshore solutions the world needs.
Subsea 7 has over 11,000+ employees with 80 different nationalities, a fleet of 30+ vessels and an active presence in 33 countries.
We have a strong track record of safe and reliable delivery of projects, with offshore operations spanning five decades and over 1,000 projects successfully delivered.
About Equinor
Equinor, is an international energy company with a proud history. Formerly Statoil, we are 20,000 committed colleagues developing oil, gas, wind and solar energy in more than 30 countries worldwide. We’re the largest operator in Norway, among the world’s largest offshore operators, and a growing force in renewables. Driven by our Nordic urge to explore beyond the horizon, and our dedication to safety, equality and sustainability, we’re building a global business on our values and the energy needs of the future.