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Subsea 7 secures North Sea work

Contractor to provide installation and diving operations for Equinor

Oslo-listed service provider Subsea 7 has been awarded a contract to provide installation and diving operations for Equinor in the Danish and Norwegian sectors of the North Sea.

Subsea 7 revealed on Wednesday it had landed the work from the Norwegian operator on the Europipe 2, Heimdal and Statfjord fields.

The contract covers the engineering, procurement, construction and installation of pipeline end manifolds, bypass and tie-in spools for the Europipe 2 gas pipeline, Oseberg Gas Transport and Statpipe pipelines, operated by Gassco.

Subsea 7 did not state the value of the contract, however it deemed it as “a sizeable contract” which it typically values at between $50 million and $150 million.

Work on the project management and engineering will start immediately, with offshore installation campaigns scheduled for 2020, 2021 and 2022 using one of Subsea 7’s own diving vessels as well as heavy construction and light construction vessels.

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