Subsea 7 S.A. Receives Contract Offshore Australia
December 17, 2021 at 04:08 am EST
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Subsea 7 S.A. announced the award of a large contract to Subsea Integration Alliance by Woodside, as Operator for and on behalf of the Scarborough Joint Venture, for the Scarborough project, located approximately 380km offshore North West Australia. The project work scope covers the engineering, procurement, construction, and installation (EPCI) of subsea pipelines and production systems. The development will include 45 kilometres of rigid flowlines, six flexible flowline risers, 42 kilometres of umbilicals and eight trees, as well as associated subsea equipment, in water depths of approximately 950 metres. The Subsea Integration Alliance team established during the initial front-end engineering and design (“FEED”) phase, awarded in January 2019, will now transition into the full EPCI phase. Project management and engineering will take place in Perth, Australia, with support from Subsea 7’s Global Project Centre’s offices in Malaysia, UK and France and various OneSubsea® offices. Offshore activities are targeted to take place from 2023 to 2025 using Subsea 7's reel-lay and flex- lay vessels. Subsea 7 defines a large contract as being between USD 300 million and USD 500 million. The value range refers to Subsea 7’s share of the contract. Subsea Integration Alliance is a non-incorporated strategic global alliance between Subsea 7 and OneSubsea®, the subsea technologies, production and processing systems division of Schlumberger, bringing together field development planning, project delivery and total lifecycle solutions under an extensive technology and services portfolio. As one team, Subsea Integration Alliance amplifies subsea performance by helping customers to select, design, deliver and operate the smartest subsea projects. This eliminates costly revisions, avoids delays and reduces risk across the life of field. The Scarborough Joint Venture comprises Woodside Energy Scarborough Pty Ltd. (73.5%) and BHP Petroleum (Australia) Pty Ltd. (26.5%). Woodside and BHP announced on 22 November 2021 that a final investment decision has been made by the Scarborough Joint Venture to proceed with the Scarborough Project.
Subsea 7 S.A. is a world leader in offshore engineering, construction, and installation services for the oil and gas industry. Net sales break down by activity as follows:
- subsea infrastructure construction and installation services (82.3%): gas pipelines, oil pipelines, umbilicals, etc.;
- offshore installations maintenance and repair services (16%);
- other (1.7%).
Net sales are distributed geographically as follows: Norway (22%), Brazil (18.8%), the United Kingdom (16.7%), the United States (10.6%), Taiwan (6%), Australia (4.1%), Saudi Arabia (3.8%) and other (18%).
SUBSEA 7 S.A. 
