Subsea 7 awarded BC-10 contract offshore Brazil

3/21/2014

Subsea 7 awarded BC-10 contract offshore Brazil

LUXEMBOURG -- Subsea 7 S.A. has announced the award of a lump-sum contract, valued at approximately $110 million, by Shell for the installation of jumpers, umbilicals and associated subsea structures for the BC-10 Phase 3 Project in the Campos basin offshore Brazil.

Project management and engineering will be performed from Subsea 7’s offices in Rio de Janeiro and will commence in Q1 2014 with the offshore campaign starting in Q3 2015, using the construction/flexlay vessel the Skandi Neptune. The project has a total duration of approximately two years.

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