Subsea World News has put together a recap of the most interesting articles from the previous week (October 12– October 18).
The first EPCI contract, awarded by Saudi Aramco, involves the engineering, procurement, transportation and installation of offshore structures.
Saipem’s second contract was awarded by Eni for Block 15/06 – East Hub Development Project, located in Angola.
Main design driver was to develop a very CAPEX friendly DP vessel with good capabilities to support various offshore operations, including cable lay and offshore construction, Ulstein said in a press release.
The project scope includes installation engineering, procurement and fabrication of rigid spools, and installation of pipeline, umbilical and subsea structures to develop the resources from two wells including 8 kilometres of umbilicals and pipeline. The field development will be at depths of approximately 80 to 90 metres.
The launch follows an exciting period of growth and development in James Fisher’s MFE business over the last 15 months that started with the combination of the assets and knowledge of KDM Marine with James Fisher’s HydroDigger fleet, as well as the assets of X-Subsea being acquired in May 2015, to deliver the current JFSE capability.
The agreement covers subsea fabrication, transportation and installation of offshore facilities, as well as hook up and commissioning, and is valid for three years.
Specific work scopes will be carried out under individual call-off contracts, and accordingly no firm work is currently committed under the agreement.