PARIS--French oil servicing company Technip (TEC.FR) Wednesday said it signed a EUR300 million contract to supply submarine equipment to Marathon Oil Corp. (MRO) for the Boyla field off Norway's shores.
"The contract includes all activities necessary to complete the construction of the subsea system for the Boyla field development and connect it to the existing Alvheim subsea facilities, 28 kilometers away," Technip said in a statement.
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(END) Dow Jones Newswires
June 20, 2012 02:36 ET (06:36 GMT)
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