Subsea 7 scores hat-trick in Saudi Arabia

Source: Subsea 7

Subsea 7 has been awarded three contracts, together representing a sizeable award for Subsea 7, by Saudi Aramco under the long-term agreement between the parties for execution offshore Saudi Arabia. 

The engineering, procurement, construction and installation (EPCI) contracts are awarded for execution in consortium with L&T Hydrocarbon Engineering (LTHE), a subsidiary of Larsen & Toubro, Subsea 7 said on Friday.

Subsea 7 defines a sizeable contract as being between $50 million and $150 million. This value range refers to Subsea 7’s share of the consortium contract.

The consortium’s workscope consists of EPCI for a total of 28 jackets comprised of eight new jackets to be installed in the Marjan and Zuluf fields, ten jackets in the Safaniya and Zuluf fields (including a pipeline decommissioning scope) and a further ten jackets in the Zuluf and Ribyan fields.

The work will start immediately and offshore execution is due to take place in 2020.

Adzariat Monergi, Subsea 7’s Vice President Middle East said, “These three new awards reflect the good execution and reliable performance that Subsea 7 and LTHE bring to the offshore sector in the Kingdom of Saudi Arabia. We look forward to continuing our long-term relationship with Saudi Aramco, delivering these projects safely and efficiently.”

It is also worth mentioning that, in April this year, Subsea 7 was awarded two contracts from Saudi Aramco for conventional projects in shallow water offshore Saudi Arabia. The engineering, procurement, construction and installation (EPCI) contracts were awarded in consortium with LTHE, under a long-term agreement with Saudi Aramco.


Spotted a typo? Have something more to add to the story? Maybe a nice photo? Contact our editorial team via email.

Also, if you’re interested in showcasing your company, product or technology on Offshore Energy Today, please contact us via our advertising form where you can also see our media kit.

Share this article

Follow Offshore Energy Today

Events>

<< Feb 2020 >>
MTWTFSS
27 28 29 30 31 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 1

Offshore Energy Exhibition and Conference (OEEC) 2020

Offshore Energy addresses the technical, operational and commercial challenges associated with future sector growth.

read more >

CERAWeek 2020

 Each year, CERA clients gathered for a few days in Houston…

read more >

Offshore Technology Conference (OTC) 2020

The Offshore Technology Conference (OTC) showcases leading-edge technology for offshore drilling, exploration…

read more >

OWI APAC 2020

Over the two-day conference, 30 expert speakers will share exclusive insight to help drive well work efficiencies through innovative…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply