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Equinor awards TechnipFMC pipelaying and subsea installation assignments

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Oilfield Technology,


Equinor has awarded two contracts and issued a letter of intent to TechnipFMC for pipelaying and subsea installation for three projects on the Norwegian continental shelf (NCS).

The projects in scope are Breidablikk and the Gas Import System for the Snorre Expansion Project, for which contracts have been awarded, and Askeladd Vest, for which a letter of intent has been issued. The Breidablikk contract has subsea installation as an option.

The total value of the three assignments, including the option, is approximately NOK1.8 billion.

The scope of the assignments includes fabrication and laying of pipelines, installation of subsea structures, control cables and hook-up and testing of systems. The offshore operations under the contracts are planned to be carried out during 2021-2023.

The awards contribute to sustaining important workplaces for TechnipFMC in Norway, including the Orkanger spoolbase, where the pipelines will be fabricated before they are reeled onto the installation vessel. The awards are also expected to generate additional work through further sub-contracting to other companies.

“In a challenging period for the industry we aim to continue realising the full potential of our NCS project portfolio. This must be carried out in close cooperation with our suppliers to ensure that we create value and activity in Norway. It will help sustain jobs in the supply industry and further develop the important competence the industry has built up,” said Peggy Krantz-Underland, Equinor’s chief procurement officer.

The contract award for Breidablikk is subject to a final investment decision (FID) and a final regulatory approval. The letter of intent for Askeladd Vest is also subject to a FID.

Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/23062020/equinor-awards-technipfmc-pipelaying-and-subsea-installation-assignments/

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