Subsea 7 Awarded Major EPCI Contract in the Middle East
Subsea 7 has announced the award of a sizeable(1) contract in the Middle East.
The scope of work includes engineering, procurement, construction, and installation of various subsea pipelines totaling approximately 40 kilometers, with associated crossing structures and two composite power and fiber optic cables.
Engineering and procurement will commence immediately at Subsea 7’s office in Singapore. Operations will be led by Subsea 7’s office in the Middle East with offshore activities scheduled to begin in 2023.
No further details are disclosed at this time due to contractual obligations.
(1) Subsea 7 defines a sizeable contract as being between USD 50 million and USD 150 million.