Subsea 7 Wins Gullfaks C Contract

Offshore services firm Subsea 7 announced Friday that it has been awarded a contract by Statoil to provide engineering services and equipment to the Gullfaks C oil platform in the North Sea.

Subsea 7 said that under the contract it would supply engineering, installation and commissioning of a 10-mile integrated power service umbilical, a protection structure, a subsea compressor station, pipeline spools and tie-ins.

Valued at approximately $70 million, the contract will see engineering and project management begin immediately at Subsea 7's office in Stavanger, Norway. Offshore operations are due to commence in 2015.

"We are pleased to be awarded this contract by Statoil, and to participate in the delivery of this important subsea processing technology. The award is enabled by our strong engineering and project execution skills, our state of the art vessels, and our continuous focus on executing our work to the highest safety and quality standards. We look forward to supporting Statoil in meeting their project and increased oil recovery objectives on the Gullfaks field," Subsea 7 vice president Stuart Fitzgerald said in a company statement.
 

 



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Malaysia's SapuraKencana Secures $113M... (Jul 26)
 -  Expro Wins $17M Well Testing Contract ... (Jul 26)
 -  Falcon O&G Provides Update on Drilling... (Jul 26)
 -  UIL, Eneabba Extend Deadline to Comple... (Jul 26)
 -  Police Probe into JKX Subsidiary Conti... (Jul 25)


Most Popular Articles

From the Career Center
Jobs that may interest you
Low Voltage Drives - Regional Applications Engineer
Expertise: Electrical Engineering|Instrument & Controls Engineer
Location: Tulsa, OK
 
US Duncan: Sr Scientist - Metallics and Welding
Expertise: Metallurgist / Materials Engineering|Welding
Location: Duncan, OK
 
E&I Designer
Expertise: Design Engineer|Electrical Engineering|Instrument & Controls Engineer
Location: Houston, TX
 
search for more jobs

Brent Crude Oil : $44.72/BBL 2.12%
Light Crude Oil : $43.13/BBL 2.39%
Natural Gas : $2.74/MMBtu 1.08%
Updated in last 24 hours