Subsea 7 wins $250MM pipelay contract for Total's Laggan Tormore gas field

Source: Subsea 7

Subsea 7 has been awarded a major engineering, procurement, installation and commissioning (EPIC) contract by Total (NYSE:TOT) for the Laggan Tormore deepwater gas field development, West of Shetland in the North Sea . The contract is valued in excess of US $250 million. 

Subsea 7's principal scope of work comprises the engineering, fabrication and installation of 141km of 8-inch and 2-inch piggy-backed service pipelines and the engineering, supply and installation of 1 x 124km and 1 x 17km control umbilicals and associated subsea structures and tie-ins. 

Project management and engineering work has commenced at Subsea 7's office in Aberdeen. Phase 1 offshore operations, encompassing pipelines and umbilicals installation and pre-commissioning activities, are scheduled to commence in Q2 2012. Phase 2 offshore operations, encompassing tie-in and commissioning activities, are scheduled to commence in Q2 2013. 

Offshore operations will be carried out by a number of Subsea 7 vessels. 

The Laggan and Tormore gas fields lie around 125km West of Shetland, in the United Kingdom's continental shelf in water depths of up to 600m.

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