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22 May 2026 Subsea7 today announced the award of a substantial (1) contract by Var Energi for the Goliat Gas Export Project, located in the Barents Sea, offshore Norway. The Goliat Gas Export Project will enable the export of gas from the Goliat field to the Hammerfest LNG plant (Melkoya) through the existing Snohvit pipeline system. The scope of work includes engineering, procurement, construction and installation (EPCI) of a 12.7 kilometres 10‑inch uninsulated carbon steel pipeline, along with the installation of associated subsea infrastructure required to safely and reliably tie in the gas export system. Project management and engineering activities will commence immediately from Subsea7's office in Stavanger, Norway. Offshore operations are scheduled to take place during 2027-2028.
Image by Subsea 7 Erik Femsteinevik, Vice President for Subsea7 Norway, said:
1. Subsea7 defines a substantial contract as being between $150 million and $300 million. 2. The strategic partnership agreement is a collaboration between Var Energi, Subsea7 and OneSubsea, entered into on 26 March 2026. Subsea 7 press release
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