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Subsea 7 announced the award of a sizeable contract for work offshore Trinidad and Tobago. The contract will be recorded in backlog in the third quarter.
The contract scope covers the project management, engineering, procurement, installation and pull-in of one subsea rigid flowline and flexible riser together with flexible flowlines and associated subsea infrastructure and umbilical system. Offshore installation activities are scheduled for 2021.
Source: Subsea 7
Subsea 7 announced the award of a sizeable contract by Independent Oil and Gas (IOG) for the Blythe and Vulcan Satellites field development, located in the UK sector of the southern North Sea.
The contract scope includes the project management, engineering, procurement, construction and installation of 35km of flow lines between the Southwark, Blythe and Elgood fields, together with subsea structures, an umbilical, and associated subsea tie-ins.
Project management and detailed engineering has commenced at Subsea 7’s office in Aberdeen, and offshore activities are scheduled to commence in 2020.
Jonathan Tame, Vice President UK & Canada, said: “We are pleased to be awarded this contract, which strengthens our reputation as a global provider of value-driven SURF solutions. We look forward to collaborating with IOG to ensure the cost-effective, safe and timely execution of each phase of the development.”
(1) Subsea 7 defines a sizeable contract as being between USD 50 million and USD 150 million.
Source: Subsea 7