Subsea7 awarded contract offshore Norway

Subsea7 today announced the award of a substantial¹ contract by Vår Energi for the Goliat Gas Export Project, located in the Barents Sea, offshore Norway.

The Goliat Gas Export Project will enable the export of gas from the Goliat field to the Hammerfest LNG plant (Melkøya) through the existing Snøhvit pipeline system.

The scope of work includes engineering, procurement, construction and installation (EPCI) of a 12.7 kilometres 10‑inch uninsulated carbon steel pipeline, along with the installation of associated subsea infrastructure required to safely and reliably tie in the gas export system.

Project management and engineering activities will commence immediately from Subsea7’s office in Stavanger, Norway. Offshore operations are scheduled to take place during 2027–2028.

Erik Femsteinevik, Vice President for Subsea7 Norway, said:

“We are proud to be awarded the Goliat Gas Export Project, which represents the first contract awarded under our new strategic partnership agreement² with Vår Energi. This is an important milestone that demonstrates the strong foundation of trust and collaboration already established between our organisations. Together, we share a clear commitment to early engagement, predictable delivery, and safe, efficient execution. Working closely from the outset places us in a strong position to create value and deliver a high‑quality solution for this important development.”

^{1. Subsea7 defines a substantial contract as being between $150 million and $300 million.}

^{2. The strategic partnership agreement is a collaboration between Vår Energi, Subsea7 and OneSubsea, entered into on 26 March 2026.}