Subsea 7 S.A. announced today the award of a SURF contract valued at approximately $175 million from ATP Oil & Gas (UK) Limited/Bluewater, the operator on the Cheviot Field, situated 120km East of Shetland.
The Cheviot Field development will use a moored floating process facility which will import oil and gas from four satellite drill centres, allowing oil to be exported via shuttle tankers and gas to be exported to a third party host facility.
The contract scope includes the transportation and installation of the client provided flexible flowlines and risers, control umbilicals, the 4.2km 14” flexible oil export pipeline and the 48km 10” rigid gas pipeline, together with the fabrication and installation of associated subsea structures.
The contract scope also includes, post installation, the required trenching of the subsea lines, tie-in of the lines to the Octabuoy and drilling centres, testing and pre-commissioning activities for the entire field facilities.
Engineering and project management will commence from our Aberdeen office in 2012, with offshore operations due to begin in 2014.
Steph McNeill, Subsea 7’s Vice President , UK said, “We are very pleased to be awarded this contract. Subsea 7 has a strong track record in performing similar work in the North Sea for ATP/Bluewater. We look forward to delivering this key field development, and in doing so further strengthening our relationship with ATP/Bluewater.”
[mappress] Source: Subsea 7, March 30, 2012