Subsea 7 Wins First Contract in South Africa


South Africa
(Click to Enlarge)
Subsea 7 has received a Letter of Intent from the Petroleum Oil and Gas Corporation of South Africa (PetroSA) for a contract for the design, supply and installation of umbilicals, protection structures and spoolpieces as part of the South Coast Gas Development in Mossel Bay, South Africa. The contract is valued at approximately US $115 million.

The Engineering, Procurement, Installation and Commissioning (EPIC) contract will commence next month. The total length of umbilicals is around 105km, which includes one of the world's longest subsea umbilicals at 53km. The offshore phase will take place in Q4 2006 / Q1 2007 in water depths of approximately 125 meters. Subsea 7 will utilise two of its construction vessels for the installation works.

Subsea 7's Vice President for West Africa, Jan Willem van der Graaf commented: "This award is very important for Subsea 7 as it is the first major project we have been awarded in South Africa. We welcome the opportunity to procure, transport and install one of the world's longest subsea umbilicals and feel that this contract further strengthens our position as a leading subsea contractor in Africa. We look forward to working with PetroSA for the first time and hope it will lead to further opportunities in the future"

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles

From the Career Center
Jobs that may interest you
US Fort Lupton: Entry Level Technology Services Technician
Expertise: Production Engineering
Location: Fort Lupton, CO
 
Completions Engineer I Job
Expertise: Petroleum Engineering|Production Engineering|Workover or Completion
Location: Houston, TX
 
Technical Services Manager - Production Chemicals
Expertise: Chemist|Production Engineering|Technical Manager
Location: Midland, TX
 
search for more jobs

Brent Crude Oil : $50.97/BBL 1.53%
Light Crude Oil : $48.75/BBL 1.79%
Natural Gas : $2.92/MMBtu 0.68%
Updated in last 24 hours