Luxembourg – September 4, 2013 – Subsea 7 S.A. (Oslo Børs: SUBC) today announced the award of a contract valued at approximately $140 million from Statoil for the removal and replacement of risers, flowlines and associated subsea structures on the Norwegian Continental Shelf.
Project management and engineering work will commence immediately from Subsea 7’s offices in Stavanger and Oslo. Offshore activities utilising a variety of Subsea 7 vessels are scheduled to extend from 2014 to 2017.
Stuart Fitzgerald – VP Norway said: “We are pleased to have been awarded this important project from Statoil for replacement and installation of flexible risers and flowlines in the North Sea. The award is a recognition of the capabilities of our fleet and experience of our people. Subsea 7 looks forward to working closely with Statoil to successfully deliver our work scope in a safe and timely manner.”
Join the gCaptain Club for curated content, insider opinions, and vibrant community discussions.
Join the 105,961 members that receive our newsletter.
Have a news tip? Let us know.
April 19 (Reuters) – A New York state agency on Friday said it had failed to reach final contract agreements with the developers of three major offshore wind projects, blaming a decision by General...
The Department of the Interior has announced a new rule aiming to ensure that costs related to the decommissioning of offshore platforms are covered by the oil and gas industry,...
(Bloomberg) — For a company that made its name with frontier oil discoveries from Iran to Alaska, BP Plc is notably absent from today’s hottest new oil plays. The company’s...
Access exclusive insights, engage in vibrant discussions, and gain perspectives from our CEO.
Sign Up
Maritime and offshore news trusted by our 105,961 members delivered daily straight to your inbox.
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up
Join The Club
