Subsea 7 S.A. has been awarded a SURF contract valued at approximately USD 70 million from Statoil on the Tordis Area in the North Sea. This contract is for the engineering, procurement and installation of two 10in, 12 km oil production pipelines, together with a pull-in to Gullfaks C and tie-in at the Tordis PLIM. Engineering will commence immediately with offshore operations in 2011 and 2012