News listings

energy-pedia development and production

Saudi Arabia flagSaudi Arabia

Middle East / Africa >>> Saudi Arabia

Saudi Arabia: Subsea 7 awarded contracts offshore Saudi Arabia


06 Sep 2019

Photo - see caption

Subsea 7 has announced the award of three contracts, together representing a sizeable(1) award for Subsea 7, by Saudi Aramco under the Long Term Agreement between the parties for execution offshore Saudi Arabia.

The engineering, procurement, construction and installation (EPCI) contracts are awarded for execution in consortium with L&T Hydrocarbon Engineering (LTHE), a subsidiary of Larsen & Toubro.

The consortium’s workscope consists of EPCI for a total of 28 Jackets comprised of eight new jackets to be installed in the Marjan and Zuluf fields, ten Jackets in the Safaniya and Zuluf fields (including a pipeline decommissioning scope) and a further ten Jackets in the Zuluf and Ribyan fields. Work shall commence immediately and offshore execution is due to take place in 2020.

Adzariat Monergi, Subsea 7’s Vice President Middle East said:

'These three new awards reflect the good execution and reliable performance that Subsea 7 and LTHE bring to the offshore sector in the Kingdom of Saudi Arabia. We look forward to continuing our long-term relationship with Saudi Aramco, delivering these projects safely and efficiently.'

(1) Subsea 7 defines a sizeable contract as being between USD 50 million and USD 150 million. This value range refers to Subsea 7’s share of the consortium contract.

Original article link

Source: Subsea 7





Bookmark and Share


A global information service for upstream oil and gas opportunities - divestitures, farmins and farmouts and licensing rounds.


Subscriber Only Deals

Current deals: 1700
Completed deals: 5220

Company Profiles

Current Company Profiles: 2645

Corporate Activity

Current Corporate Activity articles: 3304

Companies Looking

Current number of articles: 427

Company Sales

Current Company Sales articles:1362

Geostudies

Current Geostudies articles: 643

How to subscribe

energy-pedia Jobs

RSS Feed Widget
See all jobs...


energy-pedia Databank

The energy-pedia databank contains links to information on the world financial and energy markets, including share prices, oil and gas prices and the global stock exchanges. Read more...



energy-pedia Glossary

A list of commonly used terms in the oil and gas industry. Read more...

Subscribe

Subscribe to the FREE
energy-pedia Daily Newsletter
Subscribe

KL Publishing
Government of South Australia
Rose & Assocs 149
Union Jack Oil 149
RSK Logo 149
count geophysics
Bayphase
energy365
Geoespace
OPC
SLR Consulting logo
About energy-pedia

energy-pedia news is a FREE news service written and edited by E and P professionals for E and P professionals.

We don't just report the news, we give you the technical background as well, with additional information derived from our unique energy-pedia opportunities service.
Contact us

energy365 Ltd

238 High Street
London Colney
St Albans
UNITED KINGDOM

Tel: +44(0)1727 822675

Email: info@energy-pedia.com