In July, OneSubsea signed two consecutive contracts for subsea production systems with Norwegian oil and gas company V å r Energi, targeting the Balder and Goliat oil fields respectively. From feasibility study to award in just a few months, this SLB controlled underwater giant is accelerating its pace on the Norwegian continental shelf.

The key link in the export of natural gas from the Barents Sea

The Goliat project is the more strategically significant of the two contracts. OneSubsea will design and deliver a natural gas export system for Goliat FPSO, with the goal of connecting natural gas from the Barents Sea to the Sn ø hvit system and Melk ø ya LNG facility. The background of this action is that the current natural gas demand in Western Europe is still high, and the Barents Sea is considered an important source of natural gas replenishment for Europe in the future. Norway is the largest natural gas supplier in Europe, with a pipeline gas export volume of approximately 100 billion cubic meters to Europe by 2025. The incremental space in the Barents Sea has clear implications for Europe's energy security.

Four sets of single tube satellite wellhead systems

The contract for the Balder Next New Wells project includes four sets of wellhead systems with single tube satellite configurations and supporting umbilical cable systems. The Balder oil field is an old oil producing area on the Norwegian continental shelf. The expansion project aims to release remaining reserves by adding new wellheads and extend the life cycle of the oil field. The delivery scope of OneSubsea covers three major business lines: subsea production systems, umbilical cables and cables, and processing systems, as well as multiphase flow meters. Keywords: Subsea oil and gas access

V å r Energi is one of the important operators on the Norwegian continental shelf, with a daily production of approximately 300000 barrels of oil equivalent. OneSubsea has previously established partnerships with V å r Energi in Norway, the United Kingdom, and Australia. The simultaneous landing of two contracts indicates that this subsea system supplier is strengthening its ability to lock in core production areas in Norway. When a key supplier gains trust in two adjacent projects simultaneously, it usually means a deep binding of long-term cooperation.Editor/Cheng Liting