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Draugen: where Subsea7 will help install a new tanker loading system

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Subsea7 wins Shell Draugen deal

Subsea7 has landed a $30 million contract from Shell for installation work at the Draugen field in the Norwegian sector of the Northern North Sea.

The project is a call-off under the existing Pan European USC frame agreement held with Shell.

The project is related to Shell’s installation of a new type of tanker loading system, which will replace an existing tanker loading unit.

The Subsea7 operation will disconnect two 15 inch flexible risers, install two new 16 inch flexible pipelines to connect the subsea infrastructure with a new subsea loading system, and associated equipment.

Engineering and project management will start immediately and be delivered from Subsea7’s Stavanger office in Norway.

The offshore phase will be carried out by the company’s latest state-of-the-art deepwater Flex / J-lay vessel, the Seven Seas, and an ROV support vessel from the Subsea7 fleet during 2009.

The Draugen field is located in License PL093 in the Haltenbanken area approximately 140 kilometres north of Kristiansund.

Partners in the licence are Shell (26.2%), BP (18.36%), Chevron (7.56%) and Petoro (47.88%).

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