# Baker Hughes and Ocean Installer win Vår Energi Balder X subsea contract

Baker Hughes (BHGE) and Ocean Installer were awarded an EPCI subsea contract by Vår Energi for the NOK 15 billion Balder X redevelopment in the North Sea; financial terms were not disclosed.

- Type: Contract
- Announced: 2019-09-28
- Where: North Sea, Balder and Ringhorne fields, Norway
- Value: $1.65B
- Status: announced
- Capacity: 16 new subsea production systems
- Products: subsea production systems, umbilicals, risers, flowlines
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Baker Hughes](https://endata.com/companies/1895.md) (supplier)
- [Ocean Installer](https://endata.com/companies/5598.md) (supplier)
- [Vår Energi](https://endata.com/companies/5599.md) (customer)

## Sources

- [business-news-today.com](https://business-news-today.com/var-energi-awards-balder-x-project-contract-to-bhge-and-ocean-installer/), 2019-09-28: "BHGE and Ocean Installer will handle engineering, procurement, construction and installation of 16 new subsea production systems"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.