Wintershall awards its first significant subsea contract for its Norwegian activities. Worth approximately NOK 1.8 billion (US$280 million), the contract for Wintershall's Maria development goes to FMC Technologies' Norwegian subsidiary FMC Kongsberg Subsea AS. It has been assigned after a thorough selection process and in alignment with the other license partners.
The award positions Wintershall as a growth operator in the subsea arena, and puts the company in a position to move forward with existing and new developments on the Norwegian Continental Shelf.
'Maria is our first subsea development in Norway and we are consequently building our expertise in this field. Wintershall sees future potential for more developments of this kind on the Norwegian Continental Shelf and Norway is becoming a center of excellence for this kind of work,' says Bernd Schrimpf, Managing Director of Wintershall Norge. 'I am proud that this is our first major subsea contract. It shows how committed Wintershall is to Norway and further establishes our position as one of the country's leading oil and gas producers.'