TechnipFMC, Subsea 7 scoop Pil & Bue awards
- Business & Finance
Oil and gas company VNG Norge has awarded Front End Engineering and Design (FEED) contracts for its Pil & Bue development in the Norwegian Sea to Subsea 7, TechnipFMC, and Aker Solutions.
The selected concept for the VNG-operated offshore development is a subsea tie-back to the Njord A platform. VNG started the FEED studies in February.
As reported early on Monday, Aker Solutions secured the FEED work from VNG for the subsea production system that will be used in a tieback of Pil & Bue to the Njord A platform.
Later on Monday, VNG informed it awarded the contract for subsea structures, umbilicals, risers & flowlines (SURF) for the Pil & Bue development to Subsea 7 and TechnipFMC. In addition to Aker Solutions, the subsea production systems contract was also awarded to TechnipFMC.
The operator said the FEED awards were based on a pre-qualification of tenderers.
According to VNG, the studies will culminate in a design competition on which the contract for Engineering, Procurement, Construction and Installation (EPCI/EPC) will be awarded in the fourth quarter of 2017. The company plans to pass the final investment decision (FID) for the project by the end of the year.
Offshore Energy Today Staff