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SUBSEA 7 AWARDED CONTRACT
OFFSHORE GULF OF MEXICO
Subsea 7 announced today the award
of a large contract by BP as part of the
deepwater Mad Dog 2 development, located
approximately 190 miles south of New Orleans.
The contract scope covers engineering,
procurement, construction and installation
(EPCI) of the subsea umbilicals, risers and
flowlines (SURF) and associated subsea
architecture.
Subsea 7 has worked closely with BP to
deliver a lump sum integrated solution from
design through to supply, installation and
commissioning. Furthermore, by collaborating
with OneSubsea, a Schlumberger company,
our Subsea Integration Alliance partner that
has been awarded the Subsea Production
Systems (SPS) contract, additional areas of
cost improvement have been identified to
provide greater cost certainty and reduced
risk. This has enabled the original cost of the
Mad Dog 2 development to be substantially
reduced.
Together the SURF and SPS contract awards
are a significant endorsement of our Alliance
offering and confirmation of the client’s high
level of interest in this approach, and in
Subsea 7 as a key partner. This is also the first
substantial project in the US to use Subsea 7’s
Swagelining polymer lining technology.
Project management and engineering will
take place in Houston, Texas with support
from Subsea 7’s Global Project Centre in
London, UK. Offshore installation activities are
scheduled for 2019 and 2020.
Craig Broussard, Subsea 7 Vice President
for the Gulf of Mexico, said: “The Mad Dog
2 project is a significant award for Subsea 7.
It combines Subsea 7’s capability with our
Subsea Integration Alliance value offering to
reduce risk and provide lower cost solutions
for BP. This project serves as a step-change of
how we work in the region and in Subsea 7’s
ability to deliver superior value to the industry.”
Oil & Gas Leaders • June 2017
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