Stolt Offshore awarded North Sea contracts to the tune of US$90 millionContracts, Tenders and Rates // December 10, 2004
A US$30 million contract has been awarded for the tie-in of various subsea valves and structures in the Norwegian sector of the North Sea. The offshore work will take place in 2006.
A US$25 million contract has been signed for pipelay and construction work in the Danish Sector of the North Sea involving the installation of one 12-inch diameter pipeline of 18km in length together with a power cable.
A contract valued at approximately $35 million has been signed for the tie-in and commissioning of various pipelines to manifolds, platforms and subsea isolation valves and the installation of in-field pipelines in the UK sector of the North Sea.
The installation work on the latter two contracts will be undertaken by the Seaway Falcon in 2005.