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Subsea 7 - News - June 21, 2005

Contract Award for Subsea 7 Norway

Global subsea contractor, Subsea 7 today announced an award notification for subsea pipeline installation services for ConocoPhillips Skandinavia AS. The contract, valued in the region of US $18M, is for the FTP bypass project in the Ekofisk field.

The work scope will comprise engineering, procurement, fabrication, construction installation and pre-commission of a 2814 metre pipeline bundle which will be towed out from Subsea 7’s spool base in Wick, Scotland to the Ekofisk field offshore Norway.

Engineering work for the project is due to commence immediately and will be undertaken by a group from Subsea 7’s team of 110 engineers based at Tananger in Norway. Fabrication works to include welding and coatings will be undertaken at Subsea 7’s yard at Wick, Scotland. Pre-lay surveys along the proposed route are scheduled for early 2006, with bundle fabrication and installation utilising one of Subsea 7’s construction support vessels due to take place in the second quarter of 2006.

Robin Davies, Subsea 7’s Vice President North Sea, stated “We are pleased to be supplying our unique bundle technology to ConocoPhillips for their Ekofisk FTP bypass project which also provides additional work and employment at our Wick spool base”.

Ends

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Subsea 7 Public Relations:
Pat Stephen Tel: +44 1224 344508 or +44 7712 427608
E-mail: pat.stephen@subsea7.com
Lyndsay Cruickshank Tel: +44 1224 344606
E-mail: lyndsay.cruickshank@subsea7.com

Notes to editors:
With a workforce in excess of 3000 people worldwide, Subsea 7 is one of the world’s leading subsea engineering contractors. The company’s global offshore operations are supported out of Asia Pacific, Brazil, Gulf of Mexico, Norway, UK and West Africa. Subsea 7 has more than 100 remotely operated vehicles (ROVs), four pipeline construction yards and a fleet of modern, high specification dynamically positioned ships capable of deepwater reeled and flexible pipelay, deepwater subsea construction and saturation diving. Website: www.subsea7.com



 


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