Subsea 7 has recently clinched a contract valued between $50 million to $150 million from Serica Energy, marking a significant development in the oil and gas sector. The contract pertains to the Belinda field development situated southeast of the Triton floating production storage and offloading (FPSO) vessel.
Under the terms of the agreement, Subsea 7 will oversee project management, engineering, procurement, construction, and installation (EPCI) of a 5-kilometer production pipeline equipped with a piggy-backed gas lift line and an electro-hydraulic controls umbilical.
Serica Energy, the operator of the Belinda field, is based approximately 190 kilometers east of Aberdeen in the UK Central North Sea.
The scope of work for Subsea 7 encompasses the construction of associated subsea structures and tie-ins to the Triton FPSO, operated by Dana Petroleum. This connection will be established through an existing production manifold near the Triton riser base, and controls will be implemented at the Evelyn valve skid.
Offshore activities are slated to commence in the third quarter of 2025, marking a strategic timeline for the execution of this project.