Subsea 7 to supply life-of-field services to BP in GoM

Offshore staff

LUXEMBOURG – BP Exploration & Production Inc. has awarded a three-year life-of-field contract to Subsea 7 S.A. for two vessels and project management for ROV-based inspection, intervention, and light construction in the Gulf of Mexico starting in mid-2011.

Value of the frame agreement is about $125 million. It includes full-time dedication to the project of one vessel.


Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...