Subsea7 has been awarded a substantial contract by Vår Energi to facilitate gas exports from the Goliat field in the Barents Sea. The project involves engineering, procurement, construction, and installation of a 12.7-kilometer pipeline to connect existing Norwegian energy infrastructure.
Subsea7, a global leader in the delivery of offshore projects and services for the evolving energy industry, has secured a significant contract for the Goliat Gas Export Project in the Barents Sea. Under the terms of the agreement, the firm will execute the engineering, procurement, construction, and installation (EPCI) of a 12.7-kilometer carbon steel pipeline.
This infrastructure will link the Goliat field to the Snøhvit pipeline system, enabling the transfer of gas to the Hammerfest LNG facility at Melkøya. Project management is slated to begin immediately in Stavanger, with offshore activities scheduled for 2027 and 2028.
This development is critical for Vår Energi a major independent upstream oil and gas company on the Norwegian Continental Shelf—as it optimizes existing assets and enhances resource recovery. By integrating the Goliat field with the Snøhvit network, the project strengthens Norway’s role as a reliable energy supplier to the European market. The initiative reflects a broader industry trend toward maximizing current infrastructure to maintain production levels while managing capital expenditure.
For investors and stakeholders, this contract underscores the continued demand for subsea engineering expertise in harsh-environment offshore regions. The multi-year timeframe provides long-term revenue visibility for Subsea7 and reinforces the Barents Sea as a strategic hub for Nordic energy logistics. Furthermore, the reliance on uninsulated carbon steel pipelines for this tie-in indicates a focus on cost-efficient subsea architectural solutions that do not compromise operational reliability in the North Atlantic’s challenging conditions.
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