Subsea 7 wins North Sea contractSubsea 7 has been awarded a contract to install a 10km pipeline bundle from Talisman Sinopec Energy UK Ltd. The contract, valued at US$285 million is for subsea construction services in support of the company’s Montrose Area Redevelopment (MAR) Project.
The contract scope includes the project management, engineering, procurement, fabrication and installation of two five kilometer pipeline bundles. The pipeline bundle system will tie back the Cayley production wells to the new Bridge Linked Platform (BLP) at the Montrose Platform. The contract scope also includes the procurement, fabrication and installation of a 17.5km production pipeline, water injection pipeline, gas lift pipeline and control umbilical to tie back the Shaw Field to the BLP.
The contract was awarded following a competitive tender process.
Engineering and project management will begin immediately from the Aberdeen office, with offshore operations beginning in 2014.
“This substantial contract award is greatly appreciated and continues our long-standing relationship supporting Talisman. The complexity of this project further illustrates our bundle system’s unique ability to offer a highly cost-effective single product, which neatly integrates all necessary pipelines and control lines,” said Steph McNeill, Subsea 7’s vice president UK and Canada.
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