Grenland signs LOI for Gjøa subsea structures

Grenland Group has signed a letter of intent with FMC Techologies to fabricate, assemble, and test five subsea structures destined for Statoil's Gjøa project offshore Norway.

Offshore staff

LANGESUND, Norway --Grenland Group has signed a letter of intent with FMC Techologies to fabricate, assemble, and test five subsea structures destined for Statoil's Gjøa project offshore Norway.

The contract value is NOK 120 million ($19.4 million) and delivery is scheduled for summer of 2008. Final award is set for Fab. 28, 2007.

The main assembly will be fabricated in Tønsberg and the manifolds and satellite structure will be in Grenland.

12/20/2006

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