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  • Subsea 7 awarded contracts offshore Saudi Arabia
    édité le 01/04/2019 - Plus de news de "Subsea 7" - Voir la fiche entreprise de "Subsea 7"


Subsea 7 awarded contracts offshore Saudi Arabia
Subsea 7 announced the award of two contracts from Saudi Aramco for Conventional projects in shallow water offshore Saudi Arabia.

The engineering, procurement, construction and installation (EPCI) contracts are awarded in consortium with L&T Hydrocarbon Engineering, a subsidiary of Larsen & Toubro, under a long-term agreement (LTA) with Saudi Aramco.

The two workscopes, which will be executed together, consist of engineering, procurement, commissioning and installation (EPCI) of three Oil Production Deck Manifolds and Subsea Pipelines in Zuluf field and Subsea Pipelines in Berri field. Offshore execution is due to commence in 2020.

“Our assets are well suited to deliver this type of work and this award builds on our track record of project execution in the Kingdom of Saudi Arabia” says David Lowther, Subsea 7’s Vice President Middle East.

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 Saudi Aramco

Saudi Aramco is a leading global integrated energy and chemicals company. We are driven by the core belief that energy is opportunity. From producing approximately one in every eight barrels of the world’s oil supply to developing new energy technologies, our global team is dedicated to creating impact in all that we do. We focus on making our resources more dependable, more sustainable and more useful. This helps promote stability and long-term growth around the world.
“We are counting on the long-standing relationship between Saudi Aramco and SABIC on one side, and KBR on the other, to develop this preliminary engineering package for the world-class complex.” says Fahad E. Al-Helal, vice president of Project Management.


Origine : Communiqué Subsea 7

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