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Home›Business & Finance›Subsea 7 Scoops Up Vito Prize
Business & Finance

June 18, 2018 · about 8 years ago

Subsea 7 Scoops Up Vito Prize

Subsea 7 has been awarded a contract between $50 million and $150 million by Shell as part of the deepwater Vito development, approximately 241 kilometers south of New Orleans, in the US Gulf of Mexico. The contract scope covers the project management, engineering, procurement, installation and pull

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Subsea 7 has been awarded a contract between $50 million and $150 million by Shell as part of the deepwater Vito development, approximately 241 kilometers south of New Orleans, in the US Gulf of Mexico.

The contract scope covers the project management, engineering, procurement, installation and pull-in of two 12″ infield production flowlines with 10″ steel catenary risers (SCRs), one gas lift flowline and SCR, and the umbilical system.

Project management and engineering will take place in Houston, Texas, with support from Subsea 7’s specialist technical Pipeline Group in Glasgow, UK. Offshore installation activities are scheduled for 2020 and 2021.

Craig Broussard , Subsea 7 vice president for the Gulf of Mexico, said: “We have a collaborative partnership across our management teams, where synergies and shared goals are powerful drivers in delivering a differentiated and value-adding service. This award will draw on our expertise to ensure our client is given the competency, cost-efficiency and project capability they need to unlock the full potential of this significant deepwater development.”

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