Subsea 7 SA on Oct. 10 announced the award of a contract by Tullow Ghana Ltd. on the Jubilee field, offshore Ghana, in water depths of up to 1000 m (3,280 ft).
The engineering, procurement, construction and installation (EPCI) contract is awarded under a consortium comprising Subsea 7 Volta Contractors and NOV Oil & Gas Services Ghana Ltd.
Subsea 7’s scope of work includes the installation of the Buoy Turret Loading (BTL) system from APL, a group within NOV Completion & Production Solutions, with associated suction piles and EPCI activities including two offloading lines for the BTL and the additional hang-off platform and skid for the FPSO. A significant part of the fabrication will be completed locally, in Ghana, and the offshore installation will take place in 2020.
“This award reflects our early engagement in design and engineering and the consortium’s experience in comparable projects within the region. This project builds upon our presence in the Ghanaian market and our long-term relationship with Tullow,” Gilles Lafaye, Subsea 7’s vice president, Africa Region, said.
Recommended Reading
The OGInterview: Petrie Partners a Big Deal Among Investment Banks
2024-02-01 - In this OGInterview, Hart Energy's Chris Mathews sat down with Petrie Partners—perhaps not the biggest or flashiest investment bank around, but after over two decades, the firm has been around the block more than most.
Kissler: OPEC+ Likely to Buoy Crude Prices—At Least Somewhat
2024-03-18 - By keeping its voluntary production cuts, OPEC+ is sending a clear signal that oil prices need to be sustainable for both producers and consumers.
Petrie Partners: A Small Wonder
2024-02-01 - Petrie Partners may not be the biggest or flashiest investment bank on the block, but after over two decades, its executives have been around the block more than most.
Buffett: ‘No Interest’ in Occidental Takeover, Praises 'Hallelujah!' Shale
2024-02-27 - Berkshire Hathaway’s Warren Buffett added that the U.S. electric power situation is “ominous.”
BP Restructures, Reduces Executive Team to 10
2024-04-18 - BP said the organizational changes will reduce duplication and reporting line complexity.