Subsea 7 today confirms the award of the EPCI contract for Oseberg Vestflanken project by Hydro ASA. The basic scope of work covers the Engineering, Procurement and Installation of the Oseberg Vestflanken project which is a tie back to the Hydro operated Oseberg field centre. The approximate contract value for Oseberg Vestflanken is 40 mUSD. Subsea 7 have also received a letter of intent for the Tune phase 2 tie back which is an extension to the Tune Phase 1 project completed by Subsea 7 in 2002.
The Oseberg Vestflanken EPCI scope of work involves fabrication and installation of two 9”, 9.7 km rigid
flowlines, procurement and installation of an Integrated Service Umbilical, all subsea installation and construction work
including trenching and rockdumping of the flowlines and umbilical system. The work will be performed summer 2005. Skandi
Navica, Subsea 7 pipelay vessel will be utilised for the pipeline and umbilical installation work.
The scope of work for the Tune Phase 2 includes a 3.2 km, 8” flexible flowline and a service umbilical of same distance. If option exercised, this part of the work will also be performed summer 2005 after completion Oserberg Vestflanken.
Asle Solheim, Regional Vice President of Subsea 7 Norway said: “We are delighted with this award which allows Subsea 7 to bring a wide range of subsea expertise, know-how and project management skills to the Oseberg development where Subsea 7 has played a significant role in the past through the Tune project performed in 2002. We have shown continued commitment to providing efficient and reliable solutions to subsea projects and are looking forward to working together with Hydro ASA to provide the best possible service.
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For more information, contact:
Peter Jacobsson on +47 5183 7412
Asle Solheim on +47 51 83 88 67
Lyndsay Cruickshank on +44 1224 344606
1. Subsea 7 is one of the world’s leading subsea engineering contractors. The company has offshore operations supported out of the UK, Norway, Asia Pacific, Brazil, Gulf of Mexico, West Africa and the Caspian and employs 3000 world-wide. Subsea 7 has a fleet of remotely operated vehicles (ROVs), four pipeline construction yards and 18 modern, high specification dynamically positioned ships capable of deepwater reeled and flexible pipelay, deepwater subsea construction and saturation diving. Website: www.subsea7.com
2. Hydro is a Fortune 500 energy and aluminium supplier operating in more than 40 countries. Hydro is a leading offshore producer of oil and gas, the worlds’ third largest aluminium supplier and an active participant in the development of renewable energy sources. In 2003 the oil and gas production was 530 000 barrels of oil equivalents per day. More on www.hydro.com