Subsea7 secures FEED study contract for PPF development project offshore Norway
The contract is part of a new framework agreement between the two companies, with work commencing immediately in Norway.
The FEED study will finalise the technical definition of the proposed subsea development.
Should the project receive a final investment decision and approval from the authorities, ConocoPhillips may opt to extend the contract to include the large-scale production of subsea structures, umbilicals, risers and flowlines under the same framework agreement.
The potential offshore installation activities are planned for between 2026 and 2029.
The PPF development is situated in the Greater Ekofisk Area, approximately 290km south-west of Stavanger, Norway, and will be connected to the existing Ekofisk Complex.
This project is significant for the region and for the continued collaboration between Subsea7 and ConocoPhillips.
Subsea7 Norway vice-president Erik Femsteinevik said: 'We are delighted to have signed a Framework Agreement with ConocoPhillips and have been awarded this initial FEED contract. The study will enable Subsea7 to engage early in the field development process, optimising design solutions and contributing to the final investment decision. We look forward to working closely with ConocoPhillips to unlock further value in the Greater Ekofisk Area.'
In addition to the PPF project, Subsea7 has also been awarded a contract by Equinor for the Northern Lights phase two project offshore Norway.
Subsea7's role will encompass engineering, procurement, construction and installation of a 5km CO₂ pipeline, as well as the installation of satellite structures and umbilicals, and pre-commissioning activities.
The fabrication of the pipeline will take place at Subsea7's spoolbase in Vigra, Norway. Offshore operations for the Northern Lights project are scheduled for 2026 and 2027.
The Northern Lights initiative, which began operations in September 2024, is a pioneering offshore carbon capture and storage project.
"Subsea7 secures FEED study contract for PPF development project offshore Norway" was originally created and published by Offshore Technology, a GlobalData owned brand.
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