Finance & Investing
News Services
Newsletters
Get free industry updates via email.
Daily News
Weekly News
Equipment Updates
Weekly Job Register
Monthly Event Guide
Our privacy
pledge.


advertisement

Subsea 7 Wins Shetland Subsea Contract

change text size

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?

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

More from this Author
Jon Mainwaring
European Editor | Rigzone.com
 -  Repsol Agrees $8.3B Takeover Offer for... (Dec 16)
 -  SBM to Shed 1,200 Positions in Restruc... (Dec 11)
 -  Wood Group Order Book to Provide Resil... (Dec 11)
 -  BP Still Expects Growth Despite Challe... (Dec 10)
 -  BP to Cut Management Jobs as it Change... (Dec 8)
Most Popular Articles
From the Career Center
Jobs that may interest you
Expeditor
Expertise: Inventory Control, Materials Management , Purchasing
Location: Houston, TX
 
Principal Project Manager - Oil & Gas
Expertise: Executive, Pipeline Engineering
Location: West Monroe, LA
 
Winder
Expertise: Coil Tubing, Rig Welder
Location: Philadelphia, PA
 
search for more jobs