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Moreld Unit Wins Construction Contract for Equinor's Mikkel Field

MT Newswires·12/18/2025 10:53:26
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10:53 AM EST, 12/18/2025 (MT Newswires) -- Moreld's (MORLD.OL) Ocean Installer subsidiary secured an engineering, procurement, construction and installation contract with Equinor (EQNR.OL) for the energy company's Mikkel field in the Norwegian sea. The agreement includes the detailed design of rock foundation carpets, fabrication of rigid spools, and the installation of the flow condition unit at the field, the multidisciplinary engineering group said in a Thursday release. Moreld defined the contract as a sizeable project, which indicates a value of between 100 million Norwegian kroner and 500 million kroner.