Offshore engineering and services player Subsea 7 has won a new engineering, procurement, construction and installation contract offshore Norway.
The EPCI deal involves pipeline bundles, spools, protection covers, and tie-ins using key vessels from Subsea 7’s fleet for an undisclosed client. The financial details were not revealed; however, it was stated that the contract was substantial, falling within the $150m to $300m range.
Project management and engineering will begin immediately at the company’s offices in Stavanger and Aberdeen. Fabrication of pipeline bundles will take place at Wester. Offshore operations are expected to take place in 2025-2027.
“By engaging early in the field development process, we can optimise design solutions and contribute to a positive final investment decision,” said Erik Femsteinevik, VP for Subsea 7 Norway.
