The total value of the contract is about NOK2.3bn ($403m), of which NOK2.2bn ($385m) has been awarded to Subsea 7 and NOK165m ($28.9m) to Deep Ocean.

As part of the contract, Subsea 7 will undertake the subsea lines and marine operations, in addition to floating production storage and offloading (FPSO) unit tow to field and mooring.

Subsea 7’s scope of work includes engineering, procurement, commissioning and installations of flowlines and steel catenary risers, and procurement of line pipe for the flowline part of the EPCI contract.

The company plans to set up a permanent base and use local suppliers from northern Norway to complete the work.

Subsea 7 will carry out the complex pipeline production activity for the steel catenary risers and flowlines at its spoolbase at Vigra, Norway.

Deep Ocean will supply and install the 140km fibre-optic cable to connect the Aasta Hansteen field to the existing infrastructure near Norne.

As part of the contract, the company also plans to use local suppliers in northern Norway.

Statoil said that work on the project will begin immediately, with installation seasons in 2014, 2015 and, 2016, while the project is expected to be completed in the fourth quarter of 2016.