
EMAS AMC has received an engineering, procurement, construction and installation (EPCI) contract, worth $165m, from Det norske oljeselskap ASA (Det norske), for rigid pipe-lay and related subsea work, on the Ivar Aasen field in the Norwegian North Sea.
EMAS AMC’s scope of work in the project includes project management, detailed engineering and procurement, construction and installation of three ten kilometre rigid pipelines via reels, including spools, pipeline end terminations (PLETs) and seabed intervention.
As part of the project the company will also procure and install a subsea power cable to connect the neighbouring Edvard Grieg platform to the Ivar Aasen platform.
The company will begin the project management and engineering work immediately from its office in Oslo, while offshore activities are expected to commence in 2015 and be completed in 2016.
EMAS managing director / group CEO, Lisonel Lee, said that Ivar Aasen field is one of the largest oil discoveries on the Norwegian Continental Shelf in the recent years.
"This win is the result of our committed strategy to become a leading global subsea construction player and validates our focus on our global subsea operations," Lee added.
EMAS AMC CEO, C J D’Cort, said: "I am quietly pleased with this particular project as it is our first significant rigid pipe-lay project in the Norwegian North Sea while it adds to our growing portfolio of EPCI projects globally."
Located about 180km offshore of Stavanger, Norway, the Ivar Aasen field contains about 150 million barrels of oil equivalent (boe).
Det norske is an exploration and drilling operator on the Norwegian Continental Shelf.
Image: An artistic rendition of the Ivar Aasen Field Development. Image courtesy of Det Norske.