Subsea 7 SA has been awarded a sizeable contract on May 7 by Independent Oil and Gas (IOG) for the Blythe and Vulcan Satellites field development, located in the U.K. sector of the southern North Sea.
The contract scope includes the project management, engineering, procurement, construction and installation of 35 km of flow lines between the Southwark, Blythe and Elgood fields, together with subsea structures, an umbilical, and associated subsea tie-ins.
Project management and detailed engineering has commenced at Subsea 7’s office in Aberdeen, and offshore activities are scheduled to commence in 2020.
“We are pleased to be awarded this contract, which strengthens our reputation as a global provider of value-driven SURF solutions. We look forward to collaborating with IOG to ensure the cost-effective, safe and timely execution of each phase of the development,” Jonathan Tame, vice president UK & Canada, said.
Subsea 7 defines a sizeable contract as being between $50 million and $150 million.
Recommended Reading
ShearFRAC, Drill2Frac, Corva Collaborating on Fracs
2024-03-05 - Collaboration aims to standardize decision-making for frac operations.
E&P Highlights: April 22, 2024
2024-04-22 - Here’s a roundup of the latest E&P headlines, including a standardization MoU and new contract awards.
E&P Highlights: March 15, 2024
2024-03-15 - Here’s a roundup of the latest E&P headlines, including a new discovery and offshore contract awards.
E&P Highlights: March 11, 2024
2024-03-11 - Here’s a roundup of the latest E&P headlines, including a new bid round offshore Bangladesh and new contract awards.
E&P Highlights: April 8, 2024
2024-04-08 - Here’s a roundup of the latest E&P headlines, including new contract awards and a product launch.