Companies awarded contracts for Culzean field development

Subsea 7 SA (Oslo Børs: SUBC, ADR: SUBCY) and Sembcorp Marine Ltd.’s subsidiary SMOE Pte Ltd. have both been awarded contracts for work on Maersk Oil's Culzean field development project offshore UK.

Subsea 7 has received a subsea, umbilical, riser, and flowline (SURF) contract from Maersk Oil with a value in excess of US$150 million.

SMOE Pte. Ltd. has secured an engineering, procurement, and construction (EPC) contract worth over $1 billion (including long-lead items) from Maersk Oil North Sea UK Ltd.

The ultra-high-pressure/high-temperature field, one of the largest gas discoveries offshore UK, is located in Block 22/25 of the Central North Sea at a water depth of approximately 90 meters.

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

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...

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 ...