Giant subsea scheme offers contract bonanza

Development: Anadarko chief executive James Hackett.

BLOOMBERG

By IAIN ESAU and ANTHONY GUEGEL London and Houston

 26 April 2012 22:59 GMT

ANADARKO Petroleum is set to use a massive subsea system to develop its giant Prosperidade gas project off Mozambique, with subsea players lining up to battle for a potential $3 billion contract covering umbilicals, flowlines and pipelines.

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