Subsea 7 has been awarded a sizeable contract by Shell on Oct. 4 for the Pierce depressurization project, located approximately 160 miles offshore, east of Aberdeen.
The contract scope involves the engineering, procurement, construction, transportation and installation of a 30 km gas export pipeline, a gas export riser and associated subsea infrastructure, for tie-ins at the Haewene Brim FPSO.
Project management and detailed engineering has commenced at Subsea 7’s office in Aberdeen, with offshore activities scheduled for 2020 and 2021.
“This award recognises our extensive knowledge of Shell’s North Sea developments, gained over almost 30 years of working closely together to deliver safe and cost-effective construction, inspection, repair and maintenance operations across Shell’s European offshore fields and facilities,” Jonathan Tame, vice president U.K. & Canada, Subsea 7, said.
Subsea 7 defines a sizeable contract as being between $50 million and $150 million.
U.S. energy firms this week added oil and natural gas rigs for a seventh week in a row for the first time since June 2018, and for a third consecutive month, even as oil majors cut spending due to the COVID-19 pandemic's impact on energy demand and prices.
Two Weld County wells in the Wattenberg Field completed by Occidental Petroleum plus results from a Wilcox discovery by Exxon Mobil in the Gulf of Mexico top this week’s drilling activity highlights from around the world.
Just 18 of 62 planned wells were completed.