Subsea7 confirms award offshore Norway

Subsea7 today announced the award of a sizeable¹ contract for pre-commitment to procure long lead items for a project in the Norwegian North Sea.

Pre-execution project management and engineering work will commence immediately at Subsea7’s office in Stavanger, Norway.

Erik Femsteinevik, VP Subsea7 Norway, said: “This early commitment to long lead items reflects the strong, trust‑based relationship with the operator and enables early engagement and fast-track development.”

^{1.     Subsea7 defines sizeable as being between USD 50 million and USD 150 million.}