Allseas Seals Nord Stream 2 Pipelay Deal
- Business & Finance
Nord Stream 2 AG said it has signed a contract for offshore pipelay of the Nord Stream 2 natural gas pipeline through the Baltic Sea with Allseas on 6 April 2017.
The contract follows the letter of intent agreed between both parties last December. Other tenders including the near-shore pipelay tenders in Russia and Germany are ongoing.
Allseas will undertake offshore pipelay works for both lines in 2018 and 2019. The company will use three pipelaying vessels – Pioneering Spirit, Audacia and Solitaire. The 300 meter long Solitaire previously laid parts of the Nord Stream pipeline in the Gulf of Finland.
“The Nord Stream 2 project is proceeding as planned, including engineering, procurement, surveys, environmental impact assessments and permitting. Altogether around 200 companies from 20 countries are involved in implementation of the Nord Stream 2 project,” the company said.
Nord Stream 2 is a planned twin pipeline through the Baltic Sea, which will transport natural gas over 1,200 km from Russia. It will largely follow the route and design of the previously set up Nord Stream pipeline and have the capacity to transport 55 billion cubic metres of gas per year.