Snoehvit gas field and the pipeline to the LNG plant near Hammerfest. Source: StatoilHydro.
Guy Chazan reports (Norwegian Oil Firm Goes to Energy’s Last Frontier) that StatoilHydro's Snoehvit project was ambitious. Remote-controlled gas wells at the bottom of the Barents Sea; 90 miles of underwater pipeline bringing the gas to shore; a liquification plant built in Spain, floated to a remote island in northern Norway on the world's "largest heavy-lift vessel," and floated into position on "a high tide" and "a full moon."
But things haven't gone as well as they might: