Subsea 7 gets $135 million pipeline contract for Shell's Fram development

1/21/2013

Subsea 7 gets $135 million pipeline contract for Shell's Fram development

BY GUSTAV SANDSTROM

LONDON -- Subsea 7 said it has received a contract worth $135 million from Shell for engineering, procurement, fabrication and installation of a 4.5 km pipeline bundle in the North Sea.

Project management and engineering work will commence immediately. Offshore activities utilising a variety of Subsea 7 vessels are scheduled in 2014. The project is part of Shell's Fram oil and gas development in the Central North Sea.

Dow Jones Newswires

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