Subsea 7
Subsea 7 News
Subsea 7 Charters Out Three Newbuild PLSV's
Norway's Subsea 7 S.A. awarded 3 contracts from Petrobras with a combined value (at the time of contract signature) of approximately US$1.6 billion for the construction & operation of three new-build flexible pipe-lay support vessels (PLSVs). The work scope of each of these 5 year contracts is similar to that of the PLSVs which Subsea 7 currently operates offshore Brazil, comprising project management, engineering and installation of flowlines, umbilicals and equipment supplied by Petrobras.
Subsea 7 Wins GofM Pemex Contract
Subsea 7 S.A. announce a contract award by Pemex to its Mexican joint venture valued at approximately US$90-million. The contract comprises the engineering, fabrication and installation of an 8km pipeline, related risers, two slug catchers (a slug catcher is a storage vessel used to separate oil, water and gases and regulate flow within a pipeline) and two cantilever structures for the Line 67 Project in the Bay of Campeche. This is the second contract awarded to the joint venture.
Subsea 7 Orders Heavy Construction Vessel
Subsea 7 S.A. has contracted Korea's Hyundai Heavy Industries (HHI) to build the new ship. She will be deployed globally to meet increasing market demands for executing ever- larger and more complex projects. She will have 2,600m2 deck area (for equipment carriage), a 600t Active Heave Compensated offshore crane, a 325t top tension vertical lay system and a 7,000t under-deck basket for storage of flexible pipes, umbilicals and cables.
IHC Merwede Launches Subsea 7 Vessel
IHC Merwede has successfully launched Subsea 7'ss 550t pipelaying vessel, Seven Waves, at its shipyard in Krimpen aan den IJssel, The Netherlands. The naming ceremony was carried out by Mrs Lucia Andrade, the ship’s God Mother and Subsea 7 Brazil’s Vice President Projects & Operations. The Seven Waves is the fifth vessel contracted by Subsea 7 to IHC Merwede’s Offshore division. The other ships were launched and delivered under the names of: the Seven Oceans (pipelaying)…
Wärtsilä Wins Subsea 7 DSV Design Deal
Wärtsilä signed a contract for the design of a new diving support vessel (DSV) to be built for Subsea 7. The new VS 4725 DSV design was created by Wärtsilä Ship Design specifically for this vessel, which will be built at the Hyundai Heavy Industries (HHI) shipyard in Korea. The contract was signed with HHI in December, and the vessel is scheduled for delivery in 2015. The vessel is intended for North Sea diving operations on a year round basis.
Korean Shipyard to Build New Subsea 7 DSV
State-of-the-art Dive Support Vessel (DSV) will be built for Subsea 7 by Korean shipbuilder Hyundai Heavy Industries (HHI). With accommodation for 110 people, the…
Bechtel & Subsea 7 in Offshore Wind Team Up
Bechtel and Subsea 7 will work together to develop offshore wind & associated transmission projects in Europe, including the UK and Germany. The non-exclusive joint…
Subsea 7 Wins Offshore W. Australia Contract
Subsea 7 S.A. wins a US$100-million from Apache Australia Pty for the Julimar Development Project. The project includes the transportation, installation and pre-commissioning of subsea umbilicals…
Subsea 7 Awarded Cherries Prize
Subsea 7 has won the Tremendous Training and Development Award at this year’s Cherries ceremony in recognition of its innovative Engineering Conversion Programme…
Amarcon Receives Subsea 7 Order
The seabed-to-surface engineering, construction and services contractor to the offshore energy industry Subsea 7 has ordered the OCTOPUS suite of products for the recently delivered Pipelay/Heavy Lift vessel Seven Borealis. This latest addition to the Subsea 7 fleet is a state-of-the-art vessel that shall be involved in ultra-deep and deepwater projects in the world’s deepest and harshest environments.
Subsea 7 Wins Pipeline Industries Guild Award
Subsea 7, a provider to the offshore energy industry, has won the Pipeline Industries Guild’s (PIG) 2012 Subsea Pipeline Technology Award. The award was made at…
Subsea 7 Awarded a Three-year Contract From BP
Subsea 7 S.A. (Oslo Børs: SUBC) announced the award of a three year Life-of-Field Contract by BP Exploration & Production Inc. The contract will cover the provision of two vessels, including a dedicated vessel on full time basis, and associated project management and engineering support, for ROV based inspection, intervention and light construction work in the US Gulf of Mexico starting mid 2011. The estimated contract value of this Frame Agreement is approximately $125 million.
Subsea 7 Completes First Autonomous Inspection Vehicle
Subsea 7, a provider of seabed-to-surface engineering, construction and services, announced that it has completed the design and build of the first commercial AIV…
Subsea 7 Wins Chevron GOM Contract
Subsea 7 S.A., a global leader in seabed-to-surface engineering, construction and services, announced the award of an engineering and installation contract by Chevron U.S.A. Inc.
Subsea 7 Gets Petrobras Contract Offshore Brazil
Subsea 7 Inc. (OSE Symbol: SUB), through its i-Tech division, announced the largest single contract award to i-Tech since the formation of the division in January 2006.
Subsea 7 Completes Girassol Repair
Subsea 7 reports it has completed the Girassol Pipeline Repair Project for Total E&P Angola. The project was an entirely diverless pipeline repair in 1350m water depth and was based on a technical design competition issued by Total which resulted in Subsea 7 being awarded the contract for the design, manufacture, testing and operation of a new deepwater pipeline repair system (PRS). The system would then be used on the repair of a damaged 12-in.
Subsea 7 Inc. Reports 1Q 2009
Subsea 7 Inc. (Oslo Stock Exchange: SUB) reported results for the first quarter of 2009. • Good project execution and profitable in all regions. • Successful completion of a number of projects…
Subsea 7 - 3rd Qtr Report
The company’s performance summary gave highlights for the quarter including: good project execution in all regions delivering EBITDA of $164.8 million; satisfactory…
Subsea 7 Gets $100m Contract with StatoilHydro
Subsea 7 Inc has been awarded a $100m contract from StatoilHydro for engineering, procurement, construction and installation of the Troll B Gas Injection project in the Norwegian sector of the .
Subsea 7 Awarded Contract from Ithaca Energy
Subsea 7 Inc, has been awarded a contract by Ithaca Energy (UK) Limited for installation works in Block 12/21c of the UK Sector North Sea approximately 10.5km north…
