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Subsea7 - News - December 10, 2004

Significant Dutch Sector Award for Subsea 7

Global underwater contractor, Subsea 7, today announced an award from Total E&P Nederland B.V in the Dutch sector of the North Sea for work associated on subsea field development, L4G in block L4a, about 100km north-west of Den Helder. Contract value is in the region of $45M.

The contract covers two parts:
The first part is to tie-in the subsea L4G wellhead by means of a 10 kilometre umbilical and 6” gas line to the existing L4A platform. The second part is to connect the existing K6GT satellite by means of a 6.5 kilometre 10” gas line and a 3” glycol line from the existing K6 Central Complex in order to re-route the gas from K6GT.

Work will commence immediately with expected completion by the fourth quarter of 2005. The line pipe will be spooled onto the pipelay vessel at the Subsea 7’s Leith spoolbase; the project management and engineering will be supported out of Aberdeen. Vessels likely to be utilised from the Subsea 7 fleet are the Pipelay Vessel, Skandi Navica, the ROV and Survey Vessel, Kommandor Subsea and a Diving Support Vessel over several phases.

Subsea 7’s UK Vice President, Robin Davies said of the award “We are delighted to be of service to Total once again following the contract award earlier this year for the subsea bypass of platforms Frigg TP1 and MCP01. This will be Subsea 7’s first job for this entity of Total and continues to prove our commitment to the Dutch oil and gas industry and the North Sea”.


For more information, contact:

Lyndsay Cruickshank on +44 1224 344606

Notes to editors:

Subsea 7 is one of the world’s leading subsea engineering contractors. The company has offshore operations supported out of the UK, Norway, Asia Pacific, Brazil, Gulf of Mexico, West Africa, Middle East and the Caspian and employs 3000 world-wide. Subsea 7 has a fleet of remotely operated vehicles (ROVs), four pipeline construction yards and 14 modern, high specification dynamically positioned ships capable of deepwater reeled and flexible pipelay, deepwater subsea construction and saturation diving.

Total is the 4th largest oil and gas company in the world with operations in more than 130 countries. Total’s activities cover the whole energy chain of the petroleum and gas industry: exploration, oil and gas production, refining and marketing, trading and power generation. The Group is also a major player in chemicals. Total has more than 110,000 employees worldwide.


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