Subsea 7 clinches three contracts offshore Saudi Arabia

Subsea 7 clinches three contracts offshore Saudi Arabia

Norwegian offshore service provider Subsea 7 has secured three new contracts from Saudi Aramco under a long-term agreement between the two companies.

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 and a further ten Jackets in the Zuluf and Ribyan fields. Work will commence immediately and offshore execution is scheduled in 2020.

“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,” said Adzariat Monergi, Subsea 7’s vice president Middle East.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.

Related Posts