Register now for the Port of the Future Conference • 2 Days, 50 Ports • Houston/Galveston area, TX • April 12–14, 2027

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

Wheat Prices Rise After US Diplomatic Attempts Falter

Wheat Prices Rise After US Diplomatic Attempts Falter

Russian Oil Freight Rates to India Remain High

Russian Oil Freight Rates to India Remain High

EU Wheat Falls Further As Market Awaits Black Sea Diplomacy

EU Wheat Falls Further As Market Awaits Black Sea Diplomacy

Russia Ships More Than 10 Million Barrels of Crude to China Via Northern Sea Route

Russia Ships More Than 10 Million Barrels of Crude to China Via Northern Sea Route

Subscribe for Maritime Logistics Professional E‑News

Hanwha South Korea seeks damages of $1 billion from Russia's Arctic LNG 2.
Germany warns that Russian winter attacks will intensify after it sends more Patriot missiles into Ukraine
MISO launches fifth Fast-Track Study Cycle for 7.3 GW Power Projects