Subsea 7 Secures $100 Mln Julimar Field Job (Australia)

Subsea 7 S.A. announces the award of a contract valued at approximately US$ 100 million from Apache Australia Pty Ltd for the Julimar Development Project, offshore Western Australia.

The project includes the transportation, installation and pre-commissioning of subsea umbilicals, manifolds and diver-less tie-in spools. Project management and engineering will commence immediately from Subsea 7’s office in Perth, Australia, with offshore operations scheduled to commence in late 2014.

Darren Cormell, Subsea 7’s Vice President, Australia & New Zealand said: “We are delighted to have been awarded this exciting and prestigious Australian contract. We understand the significance of this project to Apache, and the fact that they have entrusted this important project to Subsea 7 is an endorsement of Subsea 7’s capability locally and the strong working relationship that we have built together over many years.”

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Press Release, October 5, 2012