Subsea 7 lands US$150 million West Africa job

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    Subsea 7 bolt work

    Subsea 7 has won the $150 million job of bringing pipelaying, engineering, construction and installation to Angola on behalf of an unnamed client.

    Work is set to start in 2010 and end in 2011.

    France-based oil company Total is 40 percent owner in the CLOV project in Angola’s deep offshore, where front-end enineering had been underway and plans call for production by 2013. Total also has a 30 percent stake in Block 32-CSE, where a study was still underway earlier this year.

    U.K. supermajor BP also has substantial deepwater interests in all the war-torn country’s four main offshore blocks — Nos. 15, 17, 18 and 31 — where 54 discoveries have been made.

    www.scandoil.com

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