Norway, Nov. 7 -- Ocean Installer AS, a wholly owned subsidiary of Moreld ASA, awarded project management, engineering and flexible pipelines and risers product supply contract for the Balder Next development.* These awarded contract supports the fast-track schedule* The remaining scope of the Balder Next -- New Wells project is subject to FID (Final Investment Decision) by the license partners.* The Balder Next - New Wells project is planned to be executed by Var Energi's Subsea Partnership with Ocean Installer responsible for the SURF and OneSubsea responsible for the SPS.* Front end engineering and procurement activities are currently underway, with flexible products manufacturing scheduled to commence in 2025, and offshore operations pl...