Subsea7 will be responsible for transporting and installing flexible pipelines, umbilicals, and associated subsea components for the connection of a floating production, storage and offloading (FPSO) vessel as well as the pre-laying activities for an upcoming drilling campaign.
Subsea7 has been awarded a front-end engineering and design contract by ConocoPhillips Skandinavia for the Previously Produced Fields development project offshore Norway, Subsea7 said on Monday.
The new reserve was located at the Goktepe-3 well, situated 69 kilometres west of the Sakarya gasfield and 165 kilometres offshore, following 49 days of drilling by the high-tech vessel Abdulhamid Han. The well lies at a depth of 3,500 metres, and exploration began on March 27. The discovery, officially announced on May 16, is expected to meet the country’s residential natural gas demand for three and a half years.
Subsea7 has won a competitive tender and secured a “super-major” contract from Petrobras for the development of the Buzios 11 offshore field in Brazil, Subsea7 announced on Friday.
Under the terms of the engagement, Subsea7 will provide engineering, procurement, fabrication, installation and pre-commissioning of 112 kilometres of rigid risers and flowlines. The value of the business was not disclosed, but Subsea7 defines “super-major” contracts as being worth more than USD 1.25 billion.
The project involves the transportation and installation of a floating production system (FPS) at Garden Banks block 959, which is located off the southeastern coast of Louisiana at water depths of up to 1,635 meters.
Subsea 7 has been awarded a contract worth up to USD 300 million for works offshore Saudi Arabia as part of a long-term agreement, the company said on Thursday.
SLB, OneSubsea, Subsea 7 and the Subsea Integration Alliance will increase speed of tool delivery, optimize installation and reduce rig days at BP’s Murlach development in the North Sea.