Subsea 7 Wins $60M Contract with Santos
by Subsea 7
|Tuesday, January 17, 2012
London-based oilfield engineering firm Subsea 7 announced Tuesday that it has been awarded a $60 million SURF (subsea umbilicals, risers and flowlines) contract on the Fletcher-Finucane development offshore Western Australia.
The contract, which is with Australian oil and gas firm Santos, involves the project management, engineering and installation of approximately 34 miles (55 kilometers) of flexible flowlines, more than 37 miles (60 kilometers) of umbilicals and associated structures to connect the wells to the existing Exeter Mutineer facilities.
The contract also includes pre-commissioning activities and other associated services.
Project management and engineering will begin immediately with offshore operations scheduled to commence late 2012 using Rockwater 2.
"We are pleased to have been awarded this contract which provides an excellent opportunity for Subsea 7 to build upon our long standing track record of working on significant subsea projects for Santos in Australia," said Subsea 7's senior vice president for the Asia Pacific Region, Barry Mahon.
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