Subsea 7 gets $60 million contract offshore Norway
BY DOMINIC CHOPPING
OSLO--Seabed to surface engineering contractor Subsea 7 announced the award of a $60 million Varg gas export contract from Talisman Energy for the development of a gas export pipeline at the Varg field, located 200 km off the Norwegian coastline.
The contract is for the engineering, procurement, installation and construction of a 6km flowline and flexible riser system as well as the installation of associated subsea structures, protection systems, and tie-ins.
Engineering and project management will commence immediately at Subsea 7' s Stavanger office with offshore operations due to commence summer 2013.
Dow Jones Newswires