Subsea 7 announced on Tuesday it has been awarded an engineering, procurement, construction and installation (EPCI) contract from Saudi Aramco for a second package for the Marjan increment projects offshore Saudi Arabia.
The contract is awarded for execution in consortium with L&T Hydrocarbon Engineering (LTHE), a subsidiary of Larsen & Toubro, Subsea 7 said. The workscope consists of EPCI of new tie-in platforms, production deck manifolds, approximately 217 kilometers of rigid pipelines, approximately 145 kilometers of power cables, and a fiber optic cable in the Marjan field in water depths of approximately 45 to 52 meters. Offshore execution is due to take place in 2021 and 2022.
Subsea 7 said its portion of the contract award is worth between $300 million and $500 million.
Adzariat Monergi, Subsea 7’s Vice President Middle East, said, “This award builds on our track record of reliable project execution in the Kingdom of Saudi Arabia, and the close collaboration we enjoy with LTHE. We look forward to continuing our successful relationship with Saudi Aramco, supported by the recent offshore completion of several projects.”
Subsea 7 and LTHE were also recently awarded EPCI contracts to supply jackets for the Marjan and Zuluf fields, Safaniya and Zuluf fields (including a pipeline decommissioning scope) and the Zuluf and Ribyan fields.
