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Subsea 7 closes major contract with BP Norway
Published 03.07.2009 02:11:25 by Patrick Mcloughlin
Subsea 7 said in a statement that the contract is worth about $40m. The scope of work involves engineering, procurement and fabrication of subsea and platform components, installation of two 8" pipelines (one 6 km pipeline plus a 7 km pipeline) and a new caisson on the Wellhead platform and subsea tie-in spools at the Valhall Flank South and Valhall Flank North platform locations. The project management and engineering will be performed at Subsea 7's offices in Stavanger, Norway. The offshore operations are due to take place in two campaigns starting in the summer of 2010. Tor Espedal, Subsea 7's Norway Vice President comments said the work would require the use of a number of the group's new purpose built vessels. "The contract builds upon Subsea 7's successful partnership with BP on the Skarv and Valhall redevelopment projects," he said. The Valhall field located 290 km off the southwest coast of Norway in 70 metres of water in the Norwegian sector of the North Sea. The Valhall complex consists today of seven separate platforms, five in the centre and two Flank installations. ![]() Kuwait collection for PetrofacUK contractor Petrofac has collected a new contract with Kuwait Oil Company for work on new oil and gas pipelines. ![]() Exploration makes nine discoveriesExploration offshore Norway resulted in a total of nine discoveries being made in first half this year according to official figures. [Les mer ] • Exploration ![]() Income surges for StatoilStatoil saw its operating income increase 9% in the second quarter this year and by 11% in the first half. [Les mer ] • Company news ![]() Earnings almost double for ShellRoyal Dutch Shell's second quarter earnings this year were almost doubled while its half year earnings were also up and the company has pledged further asset sales. [Les mer ] • Company news ![]() Noble takes over FrontierDrilling contractor Noble Corporation has closed a US $2.16 Bn deal to acquire another rig owner adding seven new units to its fleet. [Les mer ] • Company news ![]() Brent decommissioning deal doneShell UK has appointed a key contractor to be responsible for decommissioning its huge Brent field facilities in the Northern North Sea. [Les mer ] • Field development |
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