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Subsea 7 - News - December 13, 2005

Contract for Subsea 7 in Australia

Global subsea contractor, Subsea 7 today announced a contract award valued in the region of US $6.8M by Allseas for the Woodside Otway Gas Project, located in the Bass Straits offshore Australia in water depths of approximately 100 metres.

The scope of work involved in the contract is for the metrology and installation of the 20” Duplex and 4” MEG tie-in spools, PCM cable, including supply and installation of stabilisation mattresses and leak testing of the pipeline from shore end to the offshore Thylacine platform.

The project will commence early in 2006 and will utilise Subsea 7’s multipurpose support vessel Rockwater 2.

Subsea 7’s Vice President, Asia Pacific, Martin Ridley said, “We are pleased to be taking part in this project with Allseas, and look forward to achieving the successful completion of the project together”.

Ends 13 December 2005
###

Subsea 7 Public Relations:
Lyndsay Cruickshank Tel: +44 1224 344606
E-mail: lyndsay.cruickshank@subsea7.com
Pat Stephen Tel: +44 1224 344508 or +44 7712 427608
E-mail: pat.stephen@subsea7.com

Notes to editors:

1 With a workforce in excess of 3000 people worldwide, Subsea 7 is one of the world’s leading subsea engineering contractors. The company’s global offshore operations are supported out of Asia Pacific, Brazil, Gulf of Mexico, Norway, UK and West Africa. Subsea 7 has more than 100 remotely operated vehicles (ROVs), four pipeline construction yards and a fleet of modern, high specification dynamically positioned ships capable of deepwater reeled and flexible pipelay, deepwater subsea construction and saturation diving. Website: www.subsea7.com

2 MEG is an acronym for Mono Ethylene Glycol.

3 PCM is an acronym for Pipeline Corrosion Monitoring.



 


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