Norway: Technip awarded Oselvar field contract

DONG E&P, Norway, has awarded Technip an engineering, procurement, construction and installation lump sum contract for the Oselvar field development worth in excess of US$66 million.

This field is located on the Norwegian Continental Shelf, 250 kilometres offshore Norway, at a water depth of 72 metres.

The contract covers turnkey delivery of an approximately 27 kilometre-long pipe-in-pipe flowline, installation of umbilical and subsea equipment and tie-ins.

Oselvar is the first major subsea contract awarded to Technip by DONG. It will be executed by the Group’s operating centre in Oslo, Norway. Offshore installation is scheduled to proceed through 2010 and 2011.
 

Source: Baird Maritime