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Subsea 7 Awarded Lianzi Contract

20 August 2012

Subsea 7 hasannounced the award of an EPIC SURF contract valued at approximately US$600 million from Chevron Overseas Congo Ltd for the development of the Lianzi field offshore Congo and Angola.

The technical specifications include a 12in wet insulated production flow-line with direct electrical heating, which would set a record for the deepest electrically heated pipe.

The project will maximise the use of local personnel and resources in Congo and Angola.

A significant part of the design and fabrication will be executed in Luanda, with additional fabrication work carried out in Lobito by Subsea 7ís Angolan joint venture.

All flow-lines will be spooled to the rigid reel-lay ship Seven Oceans at Subsea 7ís Luanda base in Angola. Angolan and Congolese personnel will join the offshore construction teams during the offshore phase which is scheduled for the second half of 2014.