Subsea 7 Expands Its Fleet with the Arrival of Reel Ship Seven Vega

Written by Valdemar Medeiros

Published on 13/11/2020 at 09:03

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Subsea 7 Received The New Construction Of The Reel Ship Seven Vega

According to Phil Simons, Executive Vice President of Projects and Operations at Subsea 7, the new fleet of ships has been designed to install cost-effective flowline technologies that meet the growing trend of longer subsea tiebacks. This includes complex systems of pipe-in-pipe, piggyback, and heat-traced electrically, risers, umbilicals, and structures in water depths of up to 3,000 m (9,842 feet).

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The ship Seven Vega, which is now carrying a pipeline, will work on BP’s Manuel project in the Gulf of Mexico, a two-well subsea tieback to the Na Kika platform, in water depths of up to 1,900 m (6,233 feet).

Subsea 7 Committed To Spend $25 Million On Ships

In September, Subsea 7 also committed to spend $25 million on the conversion of the Seven Phoenix for offshore wind cable installation work, as its cable installation vessel Seaway Aimery will likely be busy until 2022. The conversion has begun, and the vessel is expected to rejoin the fleet in Q2 2021.

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Market Outlook For The New Fleet

Regarding market outlook, Subsea 7 sees activity levels increasing in the Gulf of Mexico, with a portfolio of projects involving low-cost tiebacks to existing infrastructure.

In Brazil, strong tenders for pre-salt work benefit from favorable oil price reductions, and Norway also offers opportunities following the introduction of tax incentives.

Elsewhere, notably in the UK, Africa, and Asia, the outlook is less certain, with the timing of certain projects in Saudi Arabia, including Marjan 2, under client review.

Subsea 7 Expands Its Fleet with the Arrival of Reel Ship Seven Vega

Subsea 7 Received The New Construction Of The Reel Ship Seven Vega

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Subsea 7 Committed To Spend $25 Million On Ships

Market Outlook For The New Fleet

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Subsea 7 Expands Its Fleet with the Arrival of Reel Ship Seven Vega

Subsea 7 Received The New Construction Of The Reel Ship Seven Vega

Also Read

Subsea 7 Committed To Spend $25 Million On Ships

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Gaddafi built the world’s largest artificial river under the Sahara — it’s 4,000 km of giant pipes that pump 40,000-year-old fossil water to entire cities in Libya.

The Soviet Union spent 22 years drilling into the Earth’s crust and reached a depth of 12,262 meters — they found water where it was thought impossible, hydrogen bubbling from the rock, granite that is 2.7 billion years old, and temperatures of 180 degrees that melted the drill bits.

Discovery in Africa scares even scientists: a study published on April 23 reveals that the crust in Turkana has become so thin that it could pave the way for the continent’s division and the emergence of an ocean in the future, in a gigantic geological transformation.

A German architect built a cylindrical house in 1994 that rotates to follow the sun throughout the day, generates 5 times more energy than it consumes, and was the world’s first energy-positive house.

During works to build an artificial island in Indonesia, workers dredged 5 million cubic meters of sand from the seabed and found over 6,000 fossils from a lost continent that submerged 10,000 years ago.

Brazil spent R$ 1.9 billion on a giant bridge to Paraguay, and it is already finished, but no one can use it properly because the access points are not ready, and traffic remains blocked months later.

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