Moreld ASA: Ocean Installer selected for Equinor s first Wave of new Subsea tie-back projects
Norway, July 7 -- Ocean Installer AS ("Ocean Installer"), a wholly owned subsidiary of Moreld ASA ("Moreld"), has been awarded a large contract by Equinor for the first "Wave" of subsea tie-back projects on the Norwegian Continental Shelf (NCS), as part of Equinor's NCS2035 strategy. The strategyis aimed at delivering a step-change in project execution, targeting up to 50% reduction in both cost and lead time.* The award covers four Wave 1 projects; Omega Sør, Brime, Tyrihans Nord and TWIN plus an optional scope at Tyrihans* The scope covers design, engineering, fabrication and offshore works in 2027 and 2028The award includes four projects under Wave 1: Omega Sør, Brime, Tyrihans Nord and TWIN. In addition, the contract includes optional s...
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