Subsea 7 - DeepOcean Consortium Awarded Equinor Contracts Offshore Norway

13.02.2023
A consortium between DeepOcean and Subsea7 was awarded two contracts by Equinor for the Irpa and Verdande field developments, located in the Norwegian Sea. The Irpa field development project, located in the Aasta Hansteen area at 1,350 metres water depth, involves a subsea tieback of approximately 80 kilometres to the Aasta Hansteen FPSO. The contract scope includes engineering, transportation and installation of a MEG pipeline, a production riser, umbilical, subsea structures and tie-ins.





The Verdande field development project, located in the Nordland Ridge area, involves a subsea tieback to the existing Skuld field and Norne FPSO facilities. The contract scope includes engineering, transportation and installation of a 7.5-kilometre pipe-in-pipe production pipeline, umbilical, flexibles, subsea structures and tie-ins.

Project management and engineering will commence immediately at Subsea7’s offices in Stavanger, Norway. Fabrication of the pipelines will take place at Subsea7’s spoolbase at Vigra, Norway and offshore operations are planned to take place in 2024, 2025 and 2026 utilising both Subsea7’s and DeepOcean’s fleet of vessels.

Monica Th. Bjørkmann, Senior Vice President for Subsea7 Norway said: “We are delighted to have been awarded these two contracts by Equinor. The awards continue our long-standing collaborative relationship with Equinor with a focus on safe, efficient and reliable operations.”

Project management and engineering will commence immediately at DeepOcean’s office in Haugesund, Norway. Offshore operations are planned to take place in 2024, 2025 and 2026 utilizing both Subsea7’s and DeepOcean’s fleet of vessels.

DeepOcean’s share of the contract has a value above USD 60 million.

“We have learnt to know Equinor through many years of close collaboration with their organization and multiple operations on the Norwegian continental shelf. They are a demanding but fair operator that constantly challenges us suppliers to further improve safety and reduce emissions and operating costs. We consider winning this contract as a confirmation that we are doing the right things,” says Olaf Hansen, ManagingDirector – Europe, at DeepOcean.

Location: Norway









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