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Company News

Hydro contracts Stolt Offshore for Ormen Lange work

(5/26/2004 - OGI: Oslo) Stolt Offshore revealed today the award of a contract, valued at approximately US$35 million, from Ormen Lange operator Norsk Hydro.
Stolt Offshore will lay two 125-km, six-inch diameter pipelines from the gas processing plant under development at Nyhamna on the West coast of Norway, to the Ormen Lange Field in a water depth of 850-1,100 meters, together with a 3.6-km, six-inch diameter pipeline between two production manifolds in the Ormen Lange Field. The pipelines will be laid by the Seaway Falcon starting in the second quarter of 2006.



Oeyvind Mikaelsen, vice president Northern Europe and Eastern Canada region, said, "We are very pleased to receive this pipelay award for the Ormen Lange development, which is in addition to the $250 million contract already awarded for the Langeled pipelay."

Click here for earlier report.

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