Subsea 7 Wins Shetland Subsea Contract

Subsea 7 announced Tuesday that it has been awarded a $70 million contract for a subsea pipeline replacement project in the North Sea, northeast of the Shetland Islands.

Subsea 7 said a key part of the project will be the fabrication and installation of a 17-mile replacement pipeline, along with associated tie-ins to the existing infrastructure.

Offshore work is due to commence in the third quarter of 2013, with the contract engineered and managed from Subsea 7's Aberdeen offices.

"This contract award highlights our proven ability to deliver fast-track, technically-demanding projects in harsh offshore environments," Subsea 7 vice president for the UK and Canada Steph McNeill said in a company statement.

The news comes a day after Subsea 7 reported robust third-quarter results but warned that delays to contracts and supply-chain bottlenecks would temper its progress in 2013.
 

 

A former engineer, Jon is an award-winning editor who has covered the technology, engineering and energy sectors since the mid-1990s. Email Jon at jmainwaring@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
Jon Mainwaring
Senior Editor, EMEA | Rigzone
 -  Faroe to Drill 3 Exploration Wells in ... (Feb 5)
 -  Ombrina Mare Project Development Stymi... (Feb 3)
 -  BP to Cut 7,000 Jobs in 2016/2017 afte... (Feb 2)
 -  Mainland Europe Shale Gas: What Now? (Feb 2)
 -  Three-Fifths of Workforce Would Recomm... (Feb 1)


Most Popular Articles

From the Career Center
Jobs that may interest you
Sales Representative (Downstream Oil and Gas)
Expertise: Refinery Specialist|Sales
Location: Houston, TX
 
Sales Engineer
Expertise: Sales|Well Control
Location: Houston, TX
 
Welder-Pipefitter / QMED/ Maint Operator-USA Marine Crew-FPSO Turritella
Expertise: Maintenance Engineer|Maintenance Technician|Welding
Location: Gulf of Mexico
 
search for more jobs

Brent Crude Oil : $34.06/BBL 1.16%
Light Crude Oil : $30.89/BBL 2.61%
Natural Gas : $2.06/MMBtu 4.56%
Updated in last 24 hours