Subsea 7 secured Maria field contract

Wintershall (operator, 50%), Petoro(30%) and Centrica (20%) have awarded Subsea 7 a $300mn pipeline and subsea construction contract as part of the Maria field development in Norwegian North Sea blocks 6407/1 and 6406/3. The discovery is expected to produce some 180mn boe, of which the majority is oil. First production is slated for end-2018. Maria will be Wintershall’s first operated discovery brought to production in Norway.