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Ormen Lange contracts for 12 billions already awarded

December 4, 2003, 09:30 CET

At 09.30, Thursday 4 December, the plan for development and operation of the Ormen Lange field was submitted to norwegian authoritites. The giant project Ormen Lange has a cost frame of NOK 66 billion, and contracts to the value of more than NOK 12 billion has already been awarded.

Of the Ormen Lange-projects estimated total cost of NOK 66 billion, NOK 19.5 billion has been allocated to the transport system.

This also involves Langeled - the world's longest subsea export pipeline, which will run 1200 kilometres from Aukra in the Norwegian Nyhamna municipality to Easington in England.

The Ormen Lange licence has awarded contracts in connection with the development to a value of more than NOK 12 billion during the last two months.

Around a third of these have been awarded to Norwegian contractors, who have won in stiff competition with players from other countries