Subsea7 S.A. has won a substantial contract by Vår Energi for the Goliat Gas Export Project, located in the Barents Sea, offshore Norway. This project will enable the export of gas from the Goliat field to the Hammerfest LNG plant (Melkøya) through the existing Snøhvit pipeline system.
Subsea7 defines a substantial contract as being between USD 150-300 million. The scope of work includes engineering, procurement, construction and installation (EPCI) of a 12.7-kilometre 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.
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First contract under Vår Energi agreement
On 26 March, Vår Energi, Subsea7 and OneSubsea entered into a strategic partnership agreement. This contract is the first under this agreement.
Erik Femsteinevik, Vice President for Subsea7 Norway: ‘We are proud to be awarded the Goliat Gas Export Project, which represents the first contract awarded under our new strategic partnership agreement with Vår Energi. Together, we share a clear commitment to early engagement, predictable delivery, and safe, efficient execution.’
Picture by Subsea7.
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