GE Oil & Gas announced that it has been awarded a five-year contract to deliver Subsea Operations Services (SOS) to StatoilHydro, the Norwegian based oil and gas company. The contract has an estimated value of between $25- $30m per year and will be managed by GE Oil & Gas in Dusavik, Stavanger, Norway. The scope of services to be provided under the agreement relate mainly to the installation and operations phases of StatoilHydro’s subsea fields, including: engineering, procurement, the production of equipment and tools, and electro and mechanical workshop services for corrective and planned maintenance in subsea drilling. Servicing and…