Subsea 7today announced the award of a sizeable1 contract by Aker BP for the Hanz field development located in the North Sea.
The project involves a subsea tie-back of approximately 15 kilometres to the Ivar Aasen platform. The contract scope includes engineering, procurement, construction and installation (EPCI) of the gas lift and production pipelines, and associated subsea infrastructure, using vessels from Subsea 7's fleet. The production pipeline is a pipe-in-pipe design.
Project management and engineering will commence immediately at Subsea 7's offices in Stavanger, Norway. Fabrication of the pipelines will take place at Subsea 7's spool base at Vigra, Norway and offshore operations are expected to be carried out in 2023.
Monica Bjørkmann, Vice President for Subsea 7 Norway said: "This award continues our long-standing collaboration with Aker BP, through the Aker BP Subsea Alliance2. The partnership enables Subsea 7 to engage early in the field development process, optimising design solutions and contributing to a positive final investment decision. Subsea 7 looks forward to continuing our alliance with Aker BP for the Hanz field development, with a focus on safe, efficient and reliable operations."
1. Subsea 7 defines a sizeable contract as being between USD 50 million and USD 150 million.
2. The Aker BP Subsea Alliance is a partnership between Aker BP, Subsea 7 and Aker Solutions.
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Subsea 7 SA published this content on 17 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 December 2021 11:58:05 UTC.
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%).
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