Oil and Gas News | Oil and Gas Jobs | Oil and Gas Engineering
The Oil & Gas Hub
  • Main
  • News
  • Photo
  • Video
  • Oilfield Jobs
  • Learning Section
  • Oil & Gas Calculator

Subsea 7 awarded contract offshore Norway

2017.12.30
1 012

Subsea 7 S.A. (Oslo Bors: SUBC, ADR: SUBCY) today announced the award of a substantial contract by Statoil for the Snorre Expansion Project, located in the Tampen area, 150 km Norway,west of Floro. 

The EPCI (engineering, procurement, construction and installation) contract includes Subsea 7’s cost-effective Pipeline Bundle technology, which  control umbilicals contains and  all flowlines necessary for operation. The project features three Pipeline Bundles: East, West and North. 


Production of the Pipeline Bundle system will take place at Subsea 7's fabrication facilities at Wick, Scotland. Project management and engineering will commence immediately at Subsea 7’s offices in Stavanger, Norway and Aberdeen, Scotland. Offshore operations will take place in 2019 and 2020. 

Phil Simons, Subsea 7’s Vice President North Sea and Canada, said, “Subsea 7 looks forward to working closely with Statoil to safely and successfully deliver our workscope on the Snorre project. This award demonstrates the versatility and economic benefit Subsea 7 can offer through its unique Pipeline Bundle technology, where all service lines are integrated in a single product and installed using our Controlled Depth Tow Method. It also recognises our proven track record, with more than 80 Bundles installed in the North Sea.”

Related Posts

Weekly Energy Digest - June 18th,2025
2025.06.18
213
Weekly Energy Digest - June 18th,2025
Crude futures jumped about $5 per barrel on Friday after Israel launched airstrikes against Iran wit…
Weekly Energy Digest - June 10th,2025
2025.06.10
637
Weekly Energy Digest - June 10th,2025
Oil prices ended higher on Friday as geopolitical risk related to the ongoing Ukraine-Russia war, al…
Weekly Energy Digest - June 3rd,2025
2025.06.03
320
Weekly Energy Digest - June 3rd,2025
Oil prices ended slightly lower after a week of minor ups and downs, with the markets focused on US…
Weekly Energy Digest - May 20th,2025
2025.05.21
1 202
Weekly Energy Digest - May 20th,2025
The US-China tariff agreement gave a boost to oil prices this week, which was somewhat dampened late…
Market quotes are powered by TradingView.com
© Oil and Gas News | Oil and Gas Jobs | Oil and Gas Engineering, 2025
ADVERTISE  | Contact Us  | Privacy Policy  
Made in studio Zuber