Published On: Sun, Oct 6th, 2019

Subsea 7 wins contract for Shell’s Pierce Depressurisation Project

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Subsea 7 has bagged a contract from Royal Dutch Shell for the at the Pierce Field in the North Sea, located nearly 160 miles offshore, east of in .

The contract price is in the range of $50-150 million, said the UK-based subsea engineering, construction, and services company.

Under the Pierce Depressurisation Project contract, Subsea 7 will handle the engineering, procurement, construction, transportation and installation (EPCI and T&I) of a 30km long export pipeline, a gas export riser and related subsea infrastructure to be used for tie-ins at the Haewene Brim FPSO.

Subsea 7’s office in Aberdeen has started project management and detailed engineering work with offshore activities slated to begin for 2020 and 2021.

Subsea 7 wins Pierce Depressurisation Project from Shell

Subsea 7 wins Pierce Depressurisation Project from Shell. Photo courtesy of SUBSEA 7.

Commenting on the Pierce Depressurisation Project contract, Jonathan Tame – Subsea 7 Vice President UK & Canada, said: “This award recognises our extensive knowledge of Shell’s North Sea developments, gained over almost 30 years of working closely together to deliver safe and cost-effective construction, inspection, repair and maintenance operations across Shell’s European offshore fields and facilities.”

Last week, Subsea 7 acquired 4Subsea, a Norwegian subsea solutions provider, for an undisclosed price. 4Subsea is into technology and services that enable oil and gas, and offshore wind operators across the world in making important decisions.

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