Subsea 7 firms up Julimar award as Woodside takes FID on project

Business & Finance

UK subsea engineering company Subsea 7 has confirmed a substantial contract award by Woodside for the execution of phase 2 of the Julimar-Brunello Project located offshore Australia. 

For illustration: Subsea 7’s vessel Seven Navica; Source: Subsea 7

Subsea 7 defines a substantial contract as being between $150 million and $300 million.

This contract was awarded to Subsea 7 earlier this year, subject to the final investment decision of the Julimar- Brunello joint venture participants (Woodside and KUFPEC), which has now occurred, Subsea 7 said on Thursday.

The Julimar field is located approximately 200 km offshore North Western Australia. The full scope of work will be to design, procure, install and commission a 22 km 18″ Corrosion Resistant Alloy (CRA) gas transmission flowline and an umbilical system.

The offshore activities will be performed in 2021 using Subsea 7’s reel-lay and heavy construction vessels.

Andy Woolgar, Subsea 7 Vice President Australia and New Zealand, said: “This contract with Woodside reflects what can be achieved with strong collaboration and early engagement. Our solution demonstrates the advantages of having a full range of installation and pipelay capabilities in Australia and illustrates how Subsea 7’s global technology portfolio allows us to deliver cost-effective solutions to our clients around the world.”