Saudi Aramco Win for Subsea 7 and L&T
Subsea 7 has won two contracts from Saudi Aramco for conventional projects in shallow water offshore Saudi Arabia.
The engineering, procurement, construction and installation (EPCI) contracts are awarded in consortium with L&T Hydrocarbon Engineering, a subsidiary of Larsen & Toubro, under a long-term agreement (LTA) with Saudi Aramco.
The two workscopes, which will be executed together, consist of engineering, procurement, commissioning and installation (EPCI) of three oil production deck manifolds and subsea pipelines in Zuluf field and subsea pipelines in Berri field.
Offshore execution is due to start in 2020.
“Our assets are well suited to deliver this type of work and this award builds on our track record of project execution in the Kingdom of Saudi Arabia,” says David Lowther, Subsea 7’s vice president Middle East.
Financial details surrounding the deal have not been disclosed.