The value of the contract is $75m.

The Smørbukk South Extension discovered in 1985 is estimated to hold recoverable reserves of 16.5 million barrels of oil equivalent and will be developed with a new subsea template connected to existing infrastructure in the area.

Under the contract, EMAS AMC will be responsible for the engineering, procurement, construction and installation of flexible flowlines, tie-in spools, manifold and umbilical, as well as associated abandonment and removal activities.

EMAS AMC Europe and Africa regional head Svein Haug said Statoil has selected the company for the development of the oil field extension project in the Norwegian Sea.

"The Smørbukk South Extension project requires some complex engineering expertise, and we are keen to deliver another successful project to a key customer in the region," Haug added.

EMAS is expected to start offshore activities in Q2 2014, while the project is expected to continue through 2015.

The contract will be managed out of EMAS AMC’s Oslo office.