France-based Technip has won a €90 million subsea contract for work on Statoil’s Gygrid field development in the Norwegian Sea.
Operating at a water depth of between 265 metres and 330 metres, Technip will weld and install flowlines and subsea equipment and install and tie-in new risers and umbilicals.
In an announcement, Technip said it would execute the contract from its operating centre in Norway, with flowline welding to take place at the company’s Orkanger spoolbase.
Installation will be performed by the Apache II, a pipelay vessel from Technip fleet, in mid-2012, the company said.
The contract is subject to approval of the plan for development and operation of Gygrid by the Norwegian authorities.