Subsea 7 S.A. has been awarded a large contract by Equinor for the Fram Sør development project offshore Norway. The project involves engineering, procurement, construction, and installation of subsea structures and flowlines, covering 53 kilometres of production, gas lift, and water injection lines, as well as the installation of the umbilical system. Engineering and project management will commence immediately in Norway and the UK, with offshore installation activities scheduled for 2026, 2027, and 2028. This contract, valued between $300 million and $500 million, continues Subsea 7's long-standing collaboration with Equinor and is subject to the approval of the Plan for Development and Operations $(PDO)$.
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