Subsea 7 secures contract from Total E&P

Contracts, Tenders and Rates - April 29, 2008

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Subsea 7 has been awarded an exclusive five year contract by Total E&P UK Ltd (TEP UK) for Inspection, Repair and Maintenance (IMR) work in the Northern and Central sectors of the North Sea.  The contract is valued at approximately US$60 million.
 
Subsea 7 is to provide a complete range of IMR services to TEP UK, which includes onshore support comprising project management, engineering and general support for underwater operations through to post-job reporting. 

Offshore services will include diving, remotely operated vehicles (ROVs) and associated support activities.
 
The work, to commence immediately, covers the Alwyn, Dunbar, Otter, Forvie, Nuggets, Frigg, Ellon, Grant, Jura and Elgin/Franklin fields with the potential to extend to Laggan, West of Shetland. It will be performed at Subsea 7’s offices in Aberdeen for an initial five year period with two, one year options.

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