Subsea 7 Awarded Over $100 Million in North Sea, GOM Projects
(P&GJ) — Subsea 7 announced it has been awarded two sizeable contracts for development projects in both the North Sea and the Gulf of Mexico, describing each as being valued between $50 million and $150 million.
Aker BP awarded a contract for the Hod Field Development Project, located 12 km from the Valhall area in the southern part of the North Sea, Subsea 7 said.
The Hod Field concept includes a new Wellhead platform (Hod B) tied back to Valhall Field Centre with rigid pipelines and an umbilical.
The contract scope includes EPCI for pipelines, umbilicals and tie-ins using key vessels from Subsea 7’s fleet. It said the production pipeline is a pipe-in-pipe design and will include the world’s first application of mechanically lined pipe based on GluBi from BUTTING, a glue-bonded product that can be installed by the reel-lay process without using inner pressure or increasing the wall thickness of the corrosion-resistant allow (CRA) liner.
Project management and engineering will commence immediately at Subsea 7’s offices in Stavanger, Norway. Fabrication of the pipelines will take place at Subsea 7’s spoolbase at Vigra, Norway and offshore operations will take place in 2020 and 2021, it said.
The company provided little detail of its contract for work in the Gulf of Mexico, citing contractual reasons, but said it will be recorded in backlog in the second quarter.
The scope of work includes engineering, procurement, construction and installation of subsea pipelines, and transport and installation works associated with the project. Offshore installation activities are scheduled for 2020.
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