Subsea7 has landed a "substantial" contract from Aker BP for the Lyra field, and by Subsea7's own definition that means between $150 million and $300 million. The award covers the pipelines and subsea infrastructure for a fast-track upstream development, with first oil targeted for 2028.
What Subsea7 will build
Lyra was formerly known as Kjøttkake. It sits in the northern part of the North Sea, about 44 km from the Gjøa platform offshore Norway. The field will be tied back to Gjøa through the NOVA field infrastructure.
Subsea7's scope is engineering, procurement, construction and installation (EPCI) of the gas lift and production pipelines and the associated subsea infrastructure. The production pipeline will use a pipe-in-pipe design. Offshore installation will be done with vessels from Subsea7's fleet.
Where the work happens and when
Project management and engineering start immediately at Subsea7's office in Stavanger, Norway. Pipeline fabrication will take place at the company's spool base at Vigra, Norway. Offshore operations are scheduled across 2026, 2027 and 2028.
A three-year schedule
Lyra is a fast-track development. Aker BP is aiming for first oil in 2028, only three years after discovery. To hold that schedule, Subsea7 received a pre-commitment for long-lead items in December 2025.
Erik Femsteinevik, Vice President Norway at Subsea7, tied the award to the Aker BP Subsea Alliance, a partnership between Aker BP, Subsea7 and OneSubsea. He said Lyra "showcases the strength of the Aker BP Subsea Alliance" and that the award shows Subsea7 can deliver first production at exceptional speed.