STATOIL ORDERS PIPE FOR MAJOR OFFSHORE GAS TRANSMISSION LINES

01/06/1992
Den norske stats oljeselskap AS has awarded major contracts for steel pipe in preparation for an intensive offshore gas pipelaying program in the first half of the 1990s. It placed a firm order for 400,000 tons for the 372 mile, 40 in, Europipe system from a riser platform on the Statpipe network to Emden in northern Germany. The pipe, worth 2.1 billion kroner ($342 million), will be delivered in 1992 and 1993. Statoil has options for another 450,000 tons for three more projects scheduled to get under way in the 1990s. Exercising the options would boost total order value to 4.7 billion kroner ($766 million). ...
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