Subsea 7 bags $300-million contract offshore Norway

5/8/2015

LUXEMBOURG -- Subsea 7 has been awarded a contract with a value of approximately $300 million for Wintershall Norge's Maria field development. The field is located in the Norwegian Sea at a water depth of approximately 300 m.

The pipeline and subsea construction contract consists of engineering, procurement, construction and installation (EPCI) of 95 km of rigid flowlines and associated structures to develop Maria field.

Project management and engineering work will commence immediately at Subsea 7's offices in Stavanger, Norway. Offshore activities will utilize a variety of Subsea 7 vessels, including the new-build vessel, Seven Arctic, with its high-end capability and capacity.

Offshore operations are scheduled to commence in 2016 and are expected to be completed in 2017. The pipeline production for clad, mechanically lined pipe (BuBi), plastic lined and carbon steel pipelines will take place at Subsea 7's spoolbase at Vigra, Norway.

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