Subsea 7 Bags Contracts Offshore Norway

January 24, 2018

Subsea 7 S.A. said it was awarded a contract from Statoil for the Johan Castberg field development, located 240 km from Hammerfest in Norway.

The contract comprises the design, coating, fabrication and installation of a 53 km rigid flowline including 34 km of pipe-in-pipe flowline.  

Project Management and engineering will commence immediately at Subsea 7’s offices in Stavanger, Norway. Fabrication will take place at Subsea 7’s spoolbase at Vigra, Norway and offshore operations will be carried out in 2020. 

Subsea 7 did not specify the value of the contract, but said it is between $50 million and $150 million.

Logistics News

Venezuela's Oil Exports Rose in May

Venezuela's Oil Exports Rose in May

Russian Wheat Export Prices Remain Stable, Shipments Expected to Drop Come June

Russian Wheat Export Prices Remain Stable, Shipments Expected to Drop Come June

Schottel Opens Indian Subsidiary

Schottel Opens Indian Subsidiary

New Quay Cranes Boost Baltic Container Terminal's Capabilities

New Quay Cranes Boost Baltic Container Terminal's Capabilities

Subscribe for Maritime Logistics Professional E‑News

Officials say that two explosions have hit a cargo ship in the Gulf of Iraq.
Minister: Kazakhstan has restored oil production after incident at largest fields
Sources say that Volgograd's oil refinery in Russia has halted processing following the May 29 drone attack.