Subsea 7 awarded frame agreement extension offshore UK
Published by Lydia Woellwarth,
Editor
World Pipelines,
Subsea 7 S.A. has announced the award of a sizeable1 three year extension of an existing DSVi2 frame agreement, with seven North Sea clients: Chevron North Sea Limited, Dana Petroleum (E&P) Limited, Hess Denmark APS, Nexen Petroleum U.K. Limited, Repsol Sinopec Energy UK Limited, Shell UK Limited and TAQA Bratani Limited.
Under this frame agreement, Subsea 7 will continue to provide diving support vessel services on a year-round basis, as well as associated project management and engineering services for up to 50 offshore facilities in the North Sea. This award follows on from the original frame agreement awarded in 2009, which was most recently extended in 2016. This year Shell UK Limited became the seventh client to join this collaborative approach, in which all seven operators benefit from enhanced efficiency realised through the sharing of these services.
The scope of work includes diver and ROV inspection, repair and maintenance, subsea construction and decommissioning services, and dedicated long-term project support. Project execution and engineering work is managed from Subsea 7’s Aberdeen office.
1 Contract term: Subsea 7 defines a sizeable contract as being between US$50 million and US$150 million. Frame Agreement estimated values are not included in backlog or revenue until call-off contracts are signed.
2 DSVi: Diving Support Vessel initiative.
Read the article online at: https://www.worldpipelines.com/contracts-and-tenders/26112018/subsea-7-awarded-frame-agreement-extension-offshore-uk/
You might also like
World Pipelines Podcast: Going global with IPLOCA
In this episode, Elizabeth Corner speaks to Georges Hage, Executive Secretary at IPLOCA, about IPLOCA's insights on the culture and characteristics of the pipeline contractor community, and how it works to support sustainable energy infrastructure.
Construction begins on Greensand’s carbon dioxide transit terminal at Port Esbjerg
When the tanks are full, the liquefied carbon dioxide will be loaded onto a dedicated carrier from Royal Wagenborg and shipped to the INEOS Nini platform in the Danish North Sea. From there, it will be safely injected via pipeline into subsurface reservoirs approximately 1800 m beneath the seabed for permanent storage.
