Subsea 7 Wins Contract from Oil and Natural Gas Corporation for G1 Field Offshore India

Business & Finance

Subsea 7 S.A. announces the award of the ’Installation and Commissioning of G1 Field Subsea Production Facilities, Under G-1 & GS-15 Fields Development Project’ from Oil and Natural Gas Corporation Ltd (ONGC).

The project involves the transportation and installation of flexible flowlines and umbilicals to the G1 field which is located in the Krishna-Godavari Basin Bay 20km off the Amalapuram coast in water depths ranging from 205m to 440m.

The scope of work for the project comprises project management and engineering, pre-installation site clearance, mobilisation and demobilisation of hook-up related installation tools, including the acceptance, load-out, tie-down and transportation of ONGC free issued materials and installation of the flexible flowlines and umbilicals. The contract will deploy one of Subsea 7‘s deepwater construction vessels for this project in late 2011.

Subsea 7 Vice President for Asia, Dick Martin , said “Subsea 7 are proud to be awarded this project by ONGC, which allows us to continue to develop our track record in the growing deepwater market offshore India. We look forward to working with ONGC to deliver this challenging project safely and successfully.”

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Source: Subsea 7 ,May 04, 2011;