Subsea 7 Gets $400 Million Pact Offshore Norway From BG
July 02 2012 - 2:49AM
Dow Jones News
Norwegian seabed-to-surface engineering contractor Subsea 7 S.A.
(SUBC.OS) said Monday its been awarded a $400 million contract from
BG Norge Limited to develop the Knarr field in the Norwegian Sector
of the North Sea.
The contract is for the engineering, procurement, construction
and installation of a 4.5 kilometer flowline bundle.
Engineering and procurement activities will commence immediately
with offshore operations planned from the summer of 2013 until the
spring of 2014.
Write to Christina Zander at christina.zander@dowjones.com
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