Letter of Intent to TechnipFMC for Fenja EPCI contract

Published November 2, 2017 in Fenja, News releases.

VNG Norge on behalf of the PL 586 partners has issued a Letter of Intent (LOI) to TechnipFMC for the Fenja field development project.

The LOI covers the EPCI (Engineering, Procurement, Construction and Installation) of the SPS (Subsea Production Systems) and SURF (Subsea structures, Umbilicals, Risers and Flowlines) for the Fenja project in the Norwegian Sea.

The final contract will be signed pending a final investment decision planned for December 2017, and subject to the authorities’ approval of the Plan for Development and Operations (PDO).