Subsea 7 Wins Extensions to Shell Contracts

Offshore services firm Subsea 7 announced Tuesday that it has won a two-year extension to both of its underwater services contracts (USC) with Shell Upstream International Europe.

Under the contracts, valued at around $360 million, Subsea 7 will continue to provide subsea construction, inspection, repair, maintenance and decommissioning services to Shell's European offshore fields and facilities.

"We are privileged and grateful to have received an award from Shell of this value and importance. We believe it is an endorsement of Subsea 7's ability to provide life-of-field support safely, effectively and to the highest standard. Subsea 7 is committed to the continued successful partnership, held with Shell since 1990, across their North Sea Operations," Steph McNeill, Subsea 7's vice president for UK and Canada, said in a company statement.

Subsea 7 said that its Seven Atlantic and Normand Subsea vessels will be dedicated to its operations for Shell.

Have a news tip? Share it with Rigzone!


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

Our Privacy Pledge

More from this Author
Rigzone Staff
e-mail us at
 -  Inpex Hits Gas Offshore Japan (Oct 28)
 -  NNPC, Nigeria Police Pledge Collaborat... (Oct 28)
 -  TGS Expects E&P Spend to Dip by up to ... (Oct 28)
 -  Roxi Hits Oil in Kazakhstan's Deep Wel... (Oct 28)
 -  Aker Solutions to Buy Brazilian C.S.E (Oct 21)

Most Popular Articles

From the Career Center
Jobs that may interest you
Assistant Operations Manager
Expertise: Marine Surveying|Operations Management|Surveying
Location: New Orleans, LA
Petroleum Inspector III
Expertise: Field Service Tech|Marine Surveying|Surveying
Location: Seattle, WA
US Fort Lupton, CO: Entry Level Operator Assistant I - III - Cementing
Expertise: Cementing
Location: Fort Lupton, CO
search for more jobs

Brent Crude Oil : $49.71/BBL 1.50%
Light Crude Oil : $48.7/BBL 2.05%
Natural Gas : $3.11/MMBtu 12.68%
Updated in last 24 hours