Contract Awards: Subsea 7 Awarded Two Long Term Contracts
Posted on 13.01.2004 - 06:19 EST in CONTRACT AWARDS by admin
Global subsea contractor, Subsea 7 has been awarded two long term frame agreements to provide survey, ROV,
and positioning services to Allseas in support of their offshore pipelay projects throughout 2004 and 2005 with an option
The combined value of both contracts is in excess of US$10 million over the firm period.
The two regions covered by the frame agreements include North West Europe and the Mediterranean Sea, and the USA and
The services will generally be supplied in these regions onboard Allseas provided vessels Solitaire, Lorelay,
Trenchsetter, Provider, Tog Mor and Highland Rover although there is also provision for Subsea 7 vessels to be utilised on
an as-required basis.
Commenting on the award, John Smith, Subsea 7’s chief executive officer said, "We are delighted with the award of these
long term contracts which will provide continuity as we seek to further develop our ROV, survey and positioning
For further information contact:
+44 (0) 1224 344508
+44 (0) 7712 427608
+ 44 (0) 1224 344606
Source: SubSea 7