Subsea 7 announced the award of a contract by Shell for the Penguins Redevelopment Project, located approximately 150 miles north-east of the Shetland Islands.
The engineering, procurement, construction and installation (EPCI) contract incorporates the fabrication of two Pipeline Bundles containing pipe-in-pipe production flowlines, gas lift flowlines and control systems. Additionally, this award includes the fabrication of a 9km 16” gas export pipeline, flexible riser system, dynamic umbilical riser system and associated subsea tie-ins.
Project management and engineering work will commence immediately in Aberdeen, with support from Subsea 7’s specialist technical Pipeline Group in Glasgow. Offshore activities are scheduled for 2020 and 2021.
Jonathan Tame, Vice President UK & Canada, said: “Following the successful conclusion of a competitive design competition, we are pleased to have the opportunity to bring our extensive expertise to a project of this importance. In doing so it demonstrates Shell’s confidence in our value-adding solutions, and continues a successful North Sea collaboration that has been in place since 1984.”
About Subsea 7 S.A.
Subsea 7 (Oslo Børs: SUBC, ADR: SUBCY) is a leading global contractor in seabed-to-surface engineering, construction and services to the offshore energy industry. Subsea 7 provides technical solutions to enable the delivery of complex projects in all water depths and challenging environments. Subsea 7 S.A. is listed on the Oslo Bors (SUBC), ISIN LU0075646355.
About Royal Dutch Shell plc
Royal Dutch Shell plc is incorporated in England and Wales, has its headquarters in The Hague and is listed on the London, Amsterdam, and New York stock exchanges. Shell companies have operations in more than 70 countries and territories with businesses including oil and gas exploration and production; production and marketing of liquefied natural gas and gas to liquids; manufacturing, marketing and shipping of oil products and chemicals and renewable energy projects.