Subsea 7 announced the award of a sizeable1 project by BP for the TOPR project located offshore Trinidad and Tobago, in water depths of up to 280 feet.
The project covers the installation of a 96 kilometres 12-inch pipeline, associated shore approach and diver tie-in spools. Front end engineering and design (FEED) is underway and the EPCI2 scope is scheduled to begin this month.
Project management and engineering will take place in Subsea 7’s office in Houston, Texas.
Craig Broussard, Vice President for Subsea 7 US, said: "We are honoured to have been selected for the fast-track delivery of the TOPR project and we look forward to continuing our collaborative relationship with BP.”
(1) Subsea 7 defines a sizeable contract as being between USD 50 million and USD 150 million
(2) Engineering, procurement, construction, installation
About Subsea 7
Subsea 7 is a global leader in the delivery of offshore projects and services for the evolving energy industry, creating sustainable value by being the industry’s partner and employer of choice in delivering the efficient offshore solutions the world needs. Subsea 7 is listed on the Oslo Bors (SUBC).
About bp
bp (NYSE:BP) is one of the world's largest oil and gas companies, serving millions of customers every day in more than 80 countries, and employing nearly 85,000 people. BP's business segments are oil and gas exploration & production, and refining & marketing. In alternative energies, BP has low- and no-carbon wind and biofuels businesses. Through these activities, BP provides fuel for transportation; energy for heat and light; services for motorists; and petrochemicals products for plastics, textiles and food packaging. It has strong positions in many of the world's hydrocarbons basins and strong market positions in key economies.