Subsea7 SA has secured a “sizeable” contract from Serica Vitality for the Belinda area improvement southeast of the Triton floating manufacturing, storage, and offloading (FPSO) vessel.
The Belinda area is operated by Serica Vitality and is situated roughly 118 miles (190 kilometers) east of Aberdeen within the UK Central North Sea.
The contract scope consists of undertaking administration, engineering, procurement, building and set up (EPCI) of a 3.1-mile (5-kilometer) 8” manufacturing pipeline with a 3” piggy-backed fuel raise line and an electro-hydraulic controls (EHC) umbilical, the corporate mentioned in a information launch.
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Subsea7’s scope additionally consists of related subsea buildings and tie-ins to the Triton FPSO vessel operated by Dana Petroleum through an present manufacturing manifold close to the Triton riser base and for controls on the Evelyn valve skid.
Subsea7 mentioned it defines a sizeable contract as being between $50 million and $150 million. Mission administration and engineering work will start instantly in Aberdeen. The offshore actions are scheduled for the third quarter of 2025, the corporate famous.
Steve Properly, Senior Vice President of UK and International Inspection, Restore and Upkeep for Subsea7, mentioned, “We’re happy to have this chance to produce Serica Vitality with EPCI data and show the in depth North Sea experience now we have amassed over 50 years. We look ahead to supporting the secure, environment friendly and well timed execution of this undertaking”.
In the meantime, Subsea7 additionally introduced the award of a “super-major” contract from Petróleo Brasileiro S.A. (Petrobras) for the event of the Búzios 9 area situated roughly 111.8 miles (180 kilometers) off the coast of the state of Rio de Janeiro, Brazil. The corporate defines a super-major contract as being over $1.25 billion.
The contract scope consists of engineering, procurement, fabrication, set up, and pre-commissioning of 63.4 miles (102 kilometers) of inflexible risers and flowlines for the metal lazy wave manufacturing system.
Mission administration and engineering will start instantly at Subsea7’s workplaces in Rio de Janeiro and Paris. Fabrication of the pipelines will happen at Subsea7’s spoolbase at Ubu within the state of Espirito Santo, Brazil, and offshore operations are scheduled to be executed in 2026 and 2027, in response to a separate information launch.
Yann Cottart, Subsea 7 Vice-President for Brazil, mentioned, “This new award strengthens our numerous portfolio of initiatives in Brazil and affirms our place as a trusted contractor of Petrobras. Subsea7 seems ahead to persevering with this robust, collaborative relationship as we work collectively to efficiently ship the Búzios 9 undertaking”.
Subsea7 additionally introduced the award of 4 long-term day-rate contracts for pipelay help vessels (PLSVs) from Petrobras, starting in 2025. The contracts have a mixed worth of over $1.25 billion and will probably be recorded within the backlog within the second quarter.
The contracts for Seven Rio, Seven Cruzeiro and Seven Solar comprise a agency three-year interval whereas the award for Seven Waves contains a agency four-year interval.
Cottart mentioned, “Subsea7 is happy to increase its profitable, long-term relationship with Petrobras that has lined each day-rate PLSV actions and main greenfield initiatives since 1998. We look ahead to persevering with to work collectively to ship complicated and difficult deepwater developments with excessive requirements of security and reliability”.
To contact the creator, e mail rocky.teodoro@rigzone.com
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