ShippingWatch

Norwegian suppliers secure majority of Johan Sverdrup field

85 percent of contracts in the second phase of giant Norwegian oil field Johan Sverdrup have been awarded to Norwegian companies.

Photo: PR-foto: Statoil

Norwegian suppliers' share of contracts in the giant oil field Johan Sverdrup, which has been described as Norway's largest-ever industry project, has now reached 85 percent. This happens after Equinor has awarded oil service company Subsea 7 the last so-called subsea contract in phase 2 of the Johan Sverdrup project, informs Equinor in a statement.

Subsea 7, which is to deliver pipelines and components, among other things, assesses the value of the contract to be USD 150-300 million.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Alphaliner: HMM set to go private in 2022

The South Korean state is reportedly prepared to divest container line HMM after having rescued the company from bankruptcy in 2016. According to Alphaliner, South Korea's central administration has confirmed a plan to privatize the carrier in 2022.

Further reading

Related articles

Latest news

See all jobs