Ocean Installer awarded a large contract by Var Energi for the Balder Next development
Norway, Nov. 11 -- Ocean Installer has been awarded the project management, engineering, flexible pipelines and risers product supply contract for the Balder Next development. - The 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 planned for 2027 and 2028. - The Ba...
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