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FINWIRES

Subsea 7 Wins Engineering Contract from Vår Energi

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Subsea 7 (SUBC.OL) said Friday it secured a substantial contract from Norwegian oil and gas company Vår Energi (VAR.OL).

The agreement includes engineering, procurement, construction and installation work for a 12.7-kilometer, 10‑inch uninsulated carbon steel pipeline, as well as associated subsea infrastructure for Vår's Goliat gas export project in offshore Norway.

The subsea engineering company will start project management and engineering activities immediately, with offshore operations expected from 2027 to 2028.

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