SUBSEA 7 has announced it has secured a “sizeable” contract by Independent Oil and Gas (IOG) for its flagship development in the UK North Sea.
The value has not been disclosed by Subsea said it was between £40.4million and £121.3million.
The contract scope, for Phase 1 of IOG’S “Core Project”, includes the project management, engineering, procurement, construction and installation of 35km of flow lines between the Southwark, Blythe and Elgood fields, together with subsea structures, an umbilical, and associated subsea tie-ins.
Project management and detailed engineering has commenced at Subsea 7’s office in Aberdeen, and offshore activities are scheduled to commence in 2020.
Jonathan Tame, UK & Canada vice president, said: “We are pleased to be awarded this contract, which strengthens our reputation as a global provider of value-driven SURF solutions. We look forward to collaborating with IOG to ensure the cost-effective, safe and timely execution of each phase of the development.”
“Core” is a development comprised of six fields in the Southern North Sea containing 410 billion cubic feet of gas, which will be transported onshore via the Thames pipeline.
Andrew Hockey, IOG chief executive officer, said: “We are pleased to be working with Subsea 7, a globally recognised leader in offshore energy services, for the SURF scope of Phase 1 of our core UK SNS gas development.
“They will be an important contractor for IOG in ensuring safe and efficient Phase 1 execution, which includes the offshore pipelay campaign being prepared for the second half of this year.”
