Subsea 7 Clinches Mad Dog 2 Deal from BP

Subsea 7 has been awarded a large contract by BP as part of the deepwater Mad Dog 2 development, located approximately 190 miles south of New Orleans.

The Oslo-listed SURF specialist defines a large contract as being between USD 300 million and USD 500 million.

The contract scope covers engineering, procurement, construction and installation (EPCI) of the subsea umbilicals, risers and flowlines (SURF) and associated subsea architecture.

Subsea 7 collaborated with OneSubsea, a Schlumberger company, and its Subsea Integration Alliance partner to identify additional areas of cost improvement to provide greater cost certainty and reduced risk. This has enabled the original cost of the Mad Dog 2 development to be substantially reduced, Subsea 7 noted.

In addition, the contract represents the first substantial project in the US to use Subsea 7’s Swagelining polymer lining technology.

Project management and engineering will take place in Houston, Texas with support from Subsea 7’s Global Project Centre in London, UK. Offshore installation activities are scheduled for 2019
and 2020.

Craig Broussard, Subsea 7 vice president for the Gulf of Mexico, said: “The Mad Dog 2 project is a significant award for Subsea 7. It combines Subsea 7’s capability with our Subsea Integration Alliance value offering to reduce risk and provide lower cost solutions for BP. This project serves as a step-change of how we work in the region and in Subsea 7’s ability to deliver superior value to the industry.”

Share this article

Follow Subsea World News

Events>

<< Dec 2019 >>
MTWTFSS
25 26 27 28 29 30 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5

M&CCE Expo Marine & Coastal Civil Engineering 2020

This conferences, events, demos, and competitions provide a productive background buzz throughout M&CCE…

read more >

Underwater Intervention (UI) 2020

Underwater Intervention Conference is a conference where oil and gas industry professionals, senior decision…

read more >

Subsea Expo 2020

Subsea Expo is the world’s largest subsea exhibition and conference and is completely free to attend.

read more >

Oceanology International 2020

Exhibitors from industry, government and research institutions share their knowledge and come…

read more >