Subsea 7 gets $60 million contract offshore Norway

9/5/2012

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

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