Subsea 7 reveals trio of Woodside deals

Subsea 7 news
Subsea 7 news

Subsea 7 said today that it had won three engineering studies contracts with Woodside since December 2018.

The deals include options for Woodside to proceed to the execute phase with an engineering, procurement, construction and installation (EPCI) contract.

The contracts are for SNE field development phase one off Senegal, the Scarborough project off Australia, and Julimar development phase two, off Australia.

Subsea 7 will help firm up the technical aspects of the projects ahead of final investment decisions (FIDs) being made.

FIDs are expected between mid-2019 and early 2020.

Gilles Lafaye, Vice President Africa for Subsea 7, said: “These awards build on our relationship with Woodside and our successful trackrecord of projects executed offshore Australia.

“They highlight the engineering expertise and strength of our business and our local workforce to perform integrated projects from pre-FEED to execution as well as standalone projects.

“The award of the SNE FEED contract by Woodside to Subsea Integration Alliance reflects our expertise in integrated projects and we look forward to strengthening our relationship with Woodside.

“Senegal is an exciting new market for Subsea 7 and we are pleased to support the local oil and gas industry.

“We look forward to building along-term and mutually beneficial partnership with Woodside on this project and in future developments.”

Breaking