Ocean Installer wins contract to develop Balder Phase VI

Ocean Installer was awarded a fast-track engineering, procurement, construction and installation (EPCI) contract by Vår Energi for the Balder Phase VI project in the Balder area.

This project is part of Vår Energi’s hub development strategy in the Balder area of the North Sea, which is centered around the newly installed Jotun FPSO. The project is scheduled to deliver first oil by end of 2026.

This contract is a continuation of a multi-year collaboration between Vår Energi and Ocean Installer in the Balder area, where Ocean Installer has been engaged since 2019. In this period, Ocean Installer has been responsible for fabrication and installation of the SURF equipment around the Jotun FPSO.