Subsea 7 to provide Catcher subsea spread

Premier Oil has awarded Subsea 7 (Oslo Børs: SUBC) a $460-million contract for the Catcher Area development in UK central North Sea block 28/9.

May 21st, 2014

Offshore staff

LUXEMBOURG – Premier Oil has awarded Subsea 7 (Oslo Børs: SUBC) a $460-million contract for the Catcher Area development in UK central North Sea block 28/9.

This is Subsea 7’s largest UK EPIC services contract win to date. The company will provide project management, engineering, procurement, construction, fabrication, and installation of Catcher’s subseafacilities.

Included are three pipeline bundles incorporating Butting BuB mechanically lined pipe;a riser system for the Catcher FPS0; and installation of a 10-in., 60-km (37-mi) gas export/import pipeline.

Subsea 7’s office in Aberdeen will manage the program, with fabrication performed at the company’s Wick and Leith facilities in Scotland. Various vessels will be deployed for next year’s offshore activities.

5/21/2014

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