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Subsea 7 awarded offshore contracts by Saudi Aramco

Sep 08, 2019
1 min read
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Subsea 7 said it was awarded three contracts by Saudi Aramco under its long-term agreement for offshore work.

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, Subsea 7 said.

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.

The contract value for the three projects is valued between US$50 million and $150 million.

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.”

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