Subsea7 has recently won over $150 million in EPCI contracts to lay pipelines connecting existing networks, supporting energy supply in Europe.

New Arctic artery

In the cold Barents Sea in northern Norway, the natural gas from the Goliat gas field is about to have a brand new "offshore" channel. On May 22, 2026, global offshore giant Subsea7 announced that it has officially been awarded a large contract for the Goliat natural gas export project by V å r Energi. The planned submarine pipeline is like an energy artery, with a total length of 12.7 kilometers and a diameter of 10 inches. It will be constructed by Subsea7 under the EPC (Engineering, Procurement, Construction, and Installation) general contracting model. The project aims to safely transport natural gas from the Goliat gas field to the Hammerfest LNG plant on Melk ø ya Island through the existing Sn ø hvit pipeline system, injecting new energy into the European energy market.

Strategic debut

This contract is not only an infrastructure order, but also the first fruit of the tripartite strategic cooperation. Going back to March 26, 2026, V å r Energi, Subsea7, and underwater technology provider OneSubsea signed a strategic partnership agreement aimed at improving project delivery efficiency through deep collaboration. Erik Femstein, Vice President of Subsea7 Norway, emphasized that the Goliat project is the debut under this agreement, marking the upgrade of all parties from a simple first party relationship to a deep binding based on trust and early intervention. According to the plan, project management and engineering design will immediately commence at Subsea7's office in Stavanger, Norway, while more challenging offshore pipe laying operations are scheduled to be implemented between 2027 and 2028.

Global dual line combat

At almost the same time as the Norwegian project landed, Subsea7 also brought good news across the Atlantic. Through its participation in the Underwater Integration Alliance (SIA), the company has successfully won the bid for ExxonMobil's Likembe 2.0 redevelopment project in Block 15 offshore Angola. This project is also defined as a "large contract" with a value range of 150 million to 300 million US dollars, mainly involving complex underwater grounding projects. The synchronous advancement of the two major projects in the eastern and western hemispheres not only demonstrates Subsea7's global delivery capability in the deepwater EPCI field, but also highlights the international energy giant's continuous investment in the renewal of underwater infrastructure.Editor/Yang Meiling