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.

05/13/2011



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

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...