Subsea 7 has won a $150million contract from Maersk Oil for the Culzean project in the UK North Sea.
The win comes a day after the Danish company confirmed it would invest $4.5billion in the high temperature, high pressure field.
Subsea 7 has won a subsea, umbilical, riser and flowline (SURF) contract with Maersk to work on one of the largest gas discoveries offshore UK.
The contract scope includes project management, engineering, procurement, construction and installation of a 22” diamtere 52km gas export pipeline connected to the Central Area Transmission System (CATS).
The project management and engineering work will commcence immediately from Subsea 7’s Aberdeen office.
Offshore activities will utilise a number of Subsea 7 vessels including the highly versatile pipelay and heavy-lift vessel, Seven Borealis.
Offshore operations are scheduled to commence in 2017.
Phil Simons, vice president UK and Canada, said: “This large project awarded by Maersk Oil for their Culzean field development, confirms our reputation as a world-class provider of reliable and cost-effective SURF solutions.
“The Seven Borealis has the ability to deliver fit-for-purpose performance demonstrating the optimum balance of cost-efficiency and capability.
“We look forward to collaborating with Maersk to ensure the safe and timely delivery of this significant gas production development.”
Subsea 7said it will also provide subsea structures, tie-ins to the Culzean platform facilities and pre-commissioning expertise.
Chancellor George Osborne announced field development plan approval during a visit to Aberdeen yesterday, saying it sent a “clear signal that the North Sea is open for business”.
Maersk Oil’s Culzean project, which is expected to create 400 new jobs and support about 6,000 existing roles, has been approved by the new Oil & Gas Authority (OGA).
Culzean has resources estimated at 250-300 million barrels of oil equivalent and is expected to produce enough gas to meet 5% of total UK demand at peak production in 2020/21. First gas is expected in 2019.
Discovered by Maersk Oil and partners in 2008, the field was hailed as the biggest find in the UK North Sea in 10 years. It is also the biggest gas development to be approved in the area since East Brae in 1990.
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