Subsea 7 has secured a contract with Equinor for a front-end engineering and design (FEED) research with EPCI1 choice for the Fram Sør improvement venture, offshore Norway.
The research will finalize the technical definition of the proposed subsea improvement previous to Equinor and its companions making the ultimate funding choice. Work will start instantly in our places of work in Norway and UK.
If the EPCI choice is exercised, any ensuing subsea buildings, umbilicals, risers and flowlines (SURF) set up scope could be a direct, substantial2 award to Subsea7. Offshore set up actions related to this contract could be scheduled for 2026, 2027 and 2028.
The Fram Sør space is situated 10-30 kilometers north of the Equinor-operated Troll C platform, roughly 70 kilometers north-west of Bergen. The event might be linked to the prevailing Fram and Troll C infrastructure.
“This award continues our long-standing collaboration with Equinor,” mentioned Erik Femsteinevik, Vice President for Subsea 7 Norway. “The research allows Subsea7 to interact early within the subject improvement course of, optimizing design options and contributing to the ultimate funding choice. We stay up for working carefully with Equinor to unlock the worth in Fram Sør.”
- Engineering, procurement, building and set up
- Subsea7 defines a considerable contract as being between $150 million and $300 million.
