Subsea7 lands contract for Vår Energi’s Goliat Gas Export project

Subsea7 has secured a declaration from Vår Energi for the Goliat Gas Export Project successful the Barents Sea disconnected the seashore of Norway.

According to Subsea7, the declaration is valued betwixt $150m and $300m.

Under the contract, Subsea7 volition supply engineering, procurement, construction, and installation (EPCI) of a 12.7km, 10in uninsulated c alloy pipeline. The institution volition besides beryllium liable for mounting up the indispensable subsea infrastructure to securely link the state export system.

Subsea7 said the task absorption and engineering tasks volition commencement instantly from its Stavanger bureau successful Norway. The institution plans to statesman offshore operations betwixt 2027 and 2028.

The declaration is portion of a strategical concern statement signed successful precocious March 2026 betwixt Vår Energi, Subsea7, and OneSubsea.

Subsea7 Norway vice president Erik Femsteinevik said: “We are arrogant to beryllium awarded the Goliat Gas Export Project, which represents the archetypal declaration awarded nether our caller strategical concern statement with Vår Energi.

“This is an important milestone that demonstrates the beardown instauration of spot and collaboration already established betwixt our organisations. Together, we stock a wide committedness to aboriginal engagement, predictable delivery, and safe, businesslike execution.

“Working intimately from the outset places america successful a beardown presumption to make worth and present a high‑quality solution for this important development.”

The task aims to summation lipid accumulation astatine the Goliat tract by enhancing reservoir absorption aft extracting state reserves, which are presently being reinjected. The state from the Goliat tract is transported to the Hammerfest LNG installation located connected Melkøya via the existing 143km agelong Snøhvit pipeline system.

The Goliat tract is located successful the Goliat licence (PL229), operated by Vår Energi with a 65% interest, portion Equinor holds the remaining 35%.

Last month, Vår Energi and Equinor filed a revised program for improvement and cognition (PDO) of the Goliat Gas Export task to the Norwegian Ministry of Energy.

"Subsea7 lands declaration for Vår Energi’s Goliat Gas Export project" was primitively created and published by Offshore Technology, a GlobalData owned brand.

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