Norway: Subsea 7 to Develop Gas Export Pipeline at Varg Field

Norway: Subsea 7 to Develop Gas Export Pipeline at Varg Field

Subsea 7 S.A. announced the award of the Varg Gas Export Contract from Talisman Energy Norge AS for the development of a gas export pipeline at the Varg field, located 200 km off the Norwegian coastline, West of Stavanger. The contract is valued at approximately $60 million.

The contract is for the engineering, procurement, installation and construction of a 6km flowline and flexible riser system as well as the installation of associated subsea structures, protection systems, and tie-ins.

Engineering and project management will commence immediately at Subsea 7’s Stavanger office with offshore operations due to commence summer 2013.

Stuart Fitzgerald, Vice President, Norway said: “We are pleased with this award, which recognizes our strong track record as an EPIC contractor and our ability to deliver technical and project solutions matching the needs of our customers. We look forward to working closely with Talisman to deliver the project safely and in accordance with Talisman’s objectives”.

Press Release, September 05, 2012;  Image: pgs

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UTC 2017

The subsea industry has, as all other parts of the oil & gas industry, been seriously rattled by the most severe downturn in the hydrocarbon energy era. However, the realization of what hit us and actions to be taken to sustain a healthy and profitable future is still on-going – unfortunately with thousands of colleagues paying the price by losing their job as one of the most severe consequences. At this time, there are signs that we have reached bottom in terms of most industry indicators, but few experts expect a sharp recovery. Many seem to believe that a slow recovery is what the industry needs in order to avoid an unsustainable capacity build-up, as seen in the period after the financial crisis. Considering the uncertainty of what the future will bring, this year’s UTC Program Committee have decided to challenge all of us to present ideas, experiences, technological innovations, business models and execution models for how to shape our subsea future and explain how and why subsea is the future.
UTC welcomes abstracts based on the topics listed below. If selected, please consider writing a paper in addition to the UTC presentation. From 2017, UTC papers will be published in an international database.

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