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Stolt Offshore awarded contract in Norway

Stolt Offshore S.A. announced the award of a $60 million EPIC contract from Norsk Hydro for the Vigdis Extension. The Vigdis Extension project includes two new templates and two new satellite structures that will be tied back to the existing Vigdis subsea infrastructure. Stolt Offshore will provide engineering, procurement and installation of 23 km of 6-inch and 12-inch water injection and production flowlines and umbilicals. Engineering work has commenced and offshore work is due to be carried out in the third quarter of 2003. The Vigdis Extension field is located in water depths ranging from 220m to 280m in block 34/7 of the Norwegian Section of the North Sea some 170km north west of Mongstad.