Apache Awards Subsea 7 Julimar Contract
Oilfield services firm Subsea 7 announced Friday that it has been awarded a $100 million by Apache Australia to supply the Julimar gas project, offshore Western Australia.
The project includes the transportation, installation and pre-commissioning of subsea umbilicals, manifolds and diver-less tie-in spools. Project management and engineering will begin immediately from Subsea 7's office in Perth, Australia, with offshore operations scheduled to commence in late 2014.
In a statement, Darren Cormell, Subsea 7's vice president for Australia & New Zealand, commented:
"We are delighted to have been awarded this exciting and prestigious Australian contract. We understand the significance of this project to Apache, and the fact that they have entrusted this important project to Subsea 7 is an endorsement of Subsea 7's capability locally and the strong working relationship that we have built together over many years."
Apache describes the Julimar project, along with the close-by Brunello field, as being a key driver in its expansion into the liquefied natural gas (LNG) market. Located approximately 112 miles west-northwest of Dampier in Western Australia, the Julimar and Bunello projects are expected to unlock in excess of 2.1 trillion cubic feet of gas.
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