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Subsea 7 awarded contract in the North Sea

Subsea 7 S.A. announced Friday the award of a SURF contract valued at approximately $70 million from Statoil on the Tordis Area in the North Sea.

This contract is for the engineering, procurement and installation of two 10” 12 km oil production pipelines, together with a pull-in to Gullfaks C and tie-in at the Tordis PLIM.

Engineering will commence immediately with offshore operations in 2011 and 2012.

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