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Subsea 7 Secures Goliat Gas Export Pipeline Deal in Norway

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Subsea 7 secured a substantial contract from Var Energi for work on the Goliat Gas Export Project in the Barents Sea offshore Norway, the companies said on Friday.

The contract, valued between $150 million and $300 million under Subsea 7's classification system, covers the engineering, procurement, construction, and installation of a 12.7-kilometer, 10-inch, uninsulated carbon-steel pipeline and associated subsea infrastructure.

The project will allow gas from the Goliat field to be exported to the Hammerfest LNG plant on Melkoya island via the existing Snohvit pipeline system.

Subsea 7 said project management and engineering activities would begin immediately, while offshore operations are scheduled for 2027 and 2028.

The Goliat field, operated by Var Energi, is one of the northernmost producing oil fields on the Norwegian continental shelf.

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