Parker Hannifin Awarded Mooring Contract by Subsea 7

The Energy Products Division of Parker Hannifin Corporation has been awarded a contract from Subsea 7 for one of the world's largest mooring projects. Parker will supply the steel wire tether system for the deep water Guara and Lula NE submerged buoys in Brazil. Subsea 7 has been contracted by Petrobras to provide engineering, procurement, installation and pre-commissioning of four decoupled riser systems in this field.

Parker will provide Subsea 7 with 34 sheathed tethering lines each measuring more than 6,000 feet (over 1850 meters) in length. These steel tethers will keep the submerged buoys securely moored to the seabed of the Guara and Lula NE fields. The mooring lines will be engineered and constructed at the Tønsberg, Norway manufacturing location.

EPD's General Manager, Craig Anderson, stated, "We are proud to have been selected to provide our mooring products for the Guara and Lula NE development, and we look forward to partnering with the Subsea 7 project team on this world-class project."