Subsea 7 Wins Askeladd Pipelaying Job

Business & Finance

Subsea 7 has been awarded a contract by Statoil for pipelaying in the Askeladd field development.

“The Askeladd project is being developed in a period of several key milestones for Statoil in North Norway. The Aasta Hansteen field in the Norwegian Sea will come on stream at the end of the year. The Johan Castberg development began in earnest after it was recently sanctioned. In addition, Statoil’s drilling campaign in the Barents Sea is being pursued this year,” says Torger Rød, Statoil’s senior vice president for project development.

Subsea 7 will lay a 44 kilometres long and 20 inch wide pipeline that will tie Askeladd to the Snøhvit field.

Support activities for the operations will be based in Hammerfest and other locations. Starting immediately, the work will continue throughout 2019.

The installation will be performed in the summer of 2019.