ROVworld Subsea Information

Register Today for Underwater Intervention 2017

Offshore News: Subsea 7 to Wrap Up Guará-Lula by Year-End

Posted on 19.09.2014 - 07:20 EDT in OFFSHORE NEWS by ginamc

According to the statement given to Reuters by the Chief Executive Jean Cahuzac, Subsea 7 has managed to bring Guará-Lula problems under control and expects to finish up the work by the end of the year.

After being awarded a $1 billion engineering, procurement, installation and commissioning (EPIC) SURF contract by Petrobras in 2011, Subsea 7 has experienced extensive setbacks and several hundred million dollars cost overruns.

Subsea 7s - Seven Oceans Pipelay Vessel

Subsea 7

click Related        click Rate This        click Share
Associated Topics


Search ROVworld NEWS

Site Info
Poll ?
How many days did you work offshore in 2016? (All votes anonymous)


Votes 980
ROVworld Feeds
Facebook - ROV News, Discussions, Jobs and more