Subsea 7 has announced the award of a substantial offshore contract in Norway, estimated between $150 million and $300 million. The scope includes engineering, procurement, construction, and installation (EPCI) of pipeline bundles, spools, protection covers, and tie-ins, utilizing key vessels from Subsea 7’s advanced fleet.
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Key Highlights Subsea 7 Offshore EPCI Contract:
- Contract Value Range: $150 million – $300 million
- Scope: EPCI of pipeline bundles, spools, protection covers, and tie-ins
- Fabrication Site: Wester, Scotland
- Project Timeline: Offshore operations scheduled from 2025 to 2027
- Project Management Hubs: Stavanger, Norway and Aberdeen, Scotland
Project management and engineering work will begin immediately from Subsea 7’s offices in Stavanger and Aberdeen, with fabrication to take place at Wester, Scotland. Offshore execution is planned across 2025 to 2027.
Erik Femsteinevik, Vice President for Subsea7 Norway, shared:
“This award reflects the value of early client engagement. It allows us to optimise designs and support strong investment decisions, ensuring a safe and efficient field development.”
While specific project details remain confidential, the award reinforces Subsea 7’s leading position in offshore energy infrastructure and strengthens its ongoing presence in the North Sea region.
Also Read: Bechtel Awarded $9 Billion EPC Contracts From NextDecade
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