Offshore

pipers75
01.04.2019 kl 08:38 3235

Subsea 7 (Uk Service Co) Ltd: Subsea 7 awarded contracts offshore Saudi Arabia


08:00


Luxembourg 01 April 2019 - Subsea 7 S.A. (Oslo Brs: SUBC, ADR: SUBCY,
ISIN LU0075646355) today announced the award of two contracts from Saudi
Aramco for Conventional projects in shallow water offshore Saudi Arabia.

The engineering, procurement, construction and installation (EPCI)
contracts are awarded in consortium with L&T Hydrocarbon Engineering, a
subsidiary of Larsen & Toubro, under a long-term agreement (LTA) with Saudi
Aramco.

The two workscopes, which will be executed together, consist of
engineering, procurement, commissioning and installation (EPCI) of three
Oil Production Deck Manifolds and Subsea Pipelines in Zuluf field and
Subsea Pipelines in Berri field. Offshore execution is due to commence in
2020.

Our assets are well suited to deliver this type of work and this award
builds on our track record of project execution in the Kingdom of Saudi
Arabia says David Lowther, Subsea 7s Vice President Middle East.

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