Subsea 7 has unveiled a new contract with Equinor in the Danish and Norwegian sectors of the North Sea.
The Oslo-listed firm said it has been awarded the work on the Europipe 2 gas pipeline, Heimdal and Statfjord fields.
It covers the engineering, construction and installation of pipeline end manifolds, bypass and tie-in spools for the Europipe 2, Oseberg Gas Transport system and Statpipe pipelines, operated by Gassco.
The value of the contract was not revealed but Subsea 7 classed it as “sizeable”, which ranges between £40m – £120million.
Equinor is the technical service provider on behalf of Gassco which has awarded Subsea 7 the work.
Offshore installation campaigns are scheduled for 2020,2021 and 2022 using diving and construction vessels.
Meanwhile, front-end engineering and design work will begin immediately form its office in Stavanger.
Monica Bjorkmann, Subsea 7’s vice president for Norway, said: “This award builds on our established and strong relationship with Equinor, and recognises our substantial experience of delivering our installation and diving capabilities safely, efficiently and reliably.”
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