Subsea 7 has been awarded a contract by Saudi Aramco for the Marjan Increment Projects – Package 2, offshore Saudi Arabia.
The EPCI contract is awarded for execution in consortium with L&T Hydrocarbon Engineering (LTHE), a subsidiary of Larsen & Toubro; a contract as between USD 300 million and USD 500 million. This value range refers to Subsea 7’s share of the consortium contract.
The engineering, procurement, construction and installation (EPCI) contract is awarded for execution in consortium with L&T Hydrocarbon Engineering (LTHE), a subsidiary of Larsen & Toubro.
The consortium’s workscope consists of EPCI of new tie-in platforms, production deck manifolds, approximately 217 kilometres of rigid pipelines, approximately 145 kilometres of power cables, and a fibre optic cable in the Marjan field in water depths of approximately 45 to 52 metres. Offshore execution is due to take place in 2021 and 2022.