Subsea 7 Inc (OSE Symbol: SUB), one of the world's leading subsea engineering and construction companies, has been honoured by receiving the 2010 Pipeline Industries Guild (PIG) Award for Subsea Pipeline Technology. The award was presented at the 53rd PIG National Dinner held in London on Tuesday, 9th March 2010.
The award recognises the contribution made by Subsea 7 for the design, manufacture, testing and operation of a new deepwater diverless pipeline repair system. The system was used to repair a damaged 12-inch water injection pipeline in 1350 metres water depth in the Girassol field operated by Total, Operator for the Block 17 Consortium, as Contractor of Sonangol Concessionnaire.
Allan Glennie, Project Manager on the Girassol Pipeline Repair Project, accepted the award on behalf of the company and said:
"I am honoured that the Pipeline Industries Guild judges have recognised the work Subsea 7 is doing in this area. The pipeline repair system, developed in-house by Subsea 7, integrates new and proven technologies to provide a system which has the potential to be used in a range of Life-of-field applications, as the equipment and technology are fully transferable."
The Pipeline Industry Guild Award is a widely acknowledged annual award to promote the development of new ideas in the general field of subsea pipeline technology. It is presented for an achievement developed in the last five years which has been successfully implemented or completed within the last 12 months, resulting in a significant contribution to subsea pipeline technology.
Ends 11 March 2010
For further information contact:
Subsea 7 Corporate Communications:
Julie Gauld Tel: +44 1224 526270
E-mail: julie.gauld@subsea7.com
Notes to editors:
1. Subsea 7 is one of the world's leading subsea engineering and construction companies offering all the expertise and assets that make Subsea Umbilical, Riser and Flowline (SURF) field development possible.
2. With a multi-national workforce in excess of 5,000 people worldwide, the company's global offshore operations are supported out of the North Sea, Africa, Brazil, North America and Asia-Pacific. Subsea 7 has a fleet of industry leading, dynamically-positioned ships capable of reeled and flexible pipelay, subsea construction and saturation diving and a portfolio of pipeline construction yards worldwide. (www.subsea7.com)
3. Images and specifications available on request - please contact above.
