Aquatic Lands Moho Nord Deal
- Business & Finance
Aquatic Engineering and Construction has been awarded a multi-million pound contract on the $10-billion Moho Nord subsea project, off the coast of the Republic of Congo, West Africa.
The contract was awarded by a UK-based subcontractor working for Total E&P Congo. Aquatic’s ten-month campaign portion will mobilise in October 2015.
Aquatic, the global partner for complete flex-lay solutions, will supply reel drive systems, together with a team of supervisors and technicians. They will provide the technical expertise and support to operate the equipment hired for the duration of the operation. Aquatic will be instrumental in the installation of 23 km of subsea flexible pipes and 50 km of umbilicals.
The Moho Nord subsea deepwater offshore project is located approximately 75 km off the coast of Pointe Noire and is the latest project being developed in the Moho-Bilondo License. Since 2013, three other Acteon companies (2H Offshore, SRP and UTEC Survey) have been awarded work on the Moho Nord subsea project.
Martin Charles, Aquatic’s managing director, said: “This project is the most significant for Aquatic to date, and affords us the opportunity to forge a closer relationship with our customer in a new geographical location, while levering support from other Acteon Group operating companies. Our people and equipment will work in close partnership with our customer to deliver the project safely and on time, where output is expected to achieve 140,000 barrels of oil equivalent per day by 2017.”