Subsea 7 has been awarded a large contract by Saudi Aramco for Marjan Increment Projects - Package 2, offshore Saudi Arabia, the company said on Sept. 10.
The EPCI contract is awarded for execution in consortium with L&T Hydrocarbon Engineering (LTHE), a subsidiary of Larsen & Toubro.
The consortium’s workscope consists of EPCI of new tie-in platforms, production deck manifolds, approximately 217 km (134 miles) of rigid pipelines, approximately 145 km (90 miles) of power cables, and a fibre optic cable in the Marjan field in water depths of approximately 45 to 52 m. Offshore execution is due to take place in 2021 and 2022.
“This award builds on our track record of reliable project execution in the Kingdom of Saudi Arabia, and the close collaboration we enjoy with LTHE. We look forward to continuing our successful relationship with Saudi Aramco, supported by the recent offshore completion of several projects,” Adzariat Monergi, Subsea 7’s vice president, Middle East, said.
Subsea 7 defines a large contract as between $300 million and $500 million. This value range refers to Subsea 7’s share of the consortium contract.
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