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Subsea 7 Wins Aasta Hansteen Contract from Statoil

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Oilfield services firm Subsea 7 reported Tuesday that it has won a $380 million contract from Statoil to supply the development of the Aasta Hansteen gas field in the northern Norwegian Sea.

Subsea 7 said that the contract comprises the design, coating, fabrication and installation of approximately 12 miles of rigid flowlines, along with the coating, fabrication and installation of four Steel Catenary Risers (SCRs). The scope of work also includes the engineering, procurement, installation and commissioning (EPIC) of rigid spools and monitoring systems for the SCRs, as well as protection structures and anchors for the risers, flowlines and the SPAR. Further work includes the transportation and installation of the mooring system for the SPAR buoy.

The firm said that the pipeline production activity for the SCRs and pipelines will take place at its spoolbase at Vigra, Norway, while project management and engineering will begin immediately at Subsea 7's offices in Stavanger. Offshore operations are expected to start in 2015/16.

Subsea 7 Norway Vice President Stuart Fitzgerald commented in a statement:

"We are delighted with this significant award from Statoil, extending Subsea 7's presence in Norway to include operations in the northern waters of the Norwegian Sea. The project will provide the basis for a permanent Subsea 7 presence in Northern Norway, which will be established in the first year of the project. This presence will enable us to deliver significant elements of the project, working closely with the local supply chain and engineering community."
 

 



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