Var Energi Awards Balder X Oil Contracts in Norway

GALWAY, IRELAND--October 7, 2019--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--Var Energi has awarded a major contract covering engineering, procurement, construction and installment (EPCI) of subsea systems for Norway's $1.65 billion Balder X oil and gas project to oilfield services company Baker Hughes (NYSE:BHGE) (Houston, Texas) and Ocean Installer AS. Within this article: Details contract award, project scope, investment value, partners and recent acquisitions