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    Stolt Offshore secures US$280 million contract

    News // December 5, 2003
    Stolt Offshore has announced the award of a contract worth approximately US$280 million, including options, from the Ormen Lange license group(1) for the installation of part of the Ormen Lange pipeline. Upon completion, the pipeline will be the longestin the world.

    Stolt Offshore will be responsible for the installation of 540km of 44in diameter pipeline which will transport gas produced from the Ormen Lange field via the North Sea Sleipner gas export hub to Easington in the UK.

    Included as part of this contract is an option in 2006 for the installation of 362km of 42in diameter pipeline starting just outside Nyhamna going to the Sleipner Platform through the Norwegian Trench. Each contract represents full utilisation of the LB200 pipelay barge in 2005 and 2006.

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