Subsea 7 has received the letter of intent from Wintershall for work associated with the F16 project in the Dutch Sector of the North Sea. The contract value is worth around USD 4 million. Scope of work includes the installation of spoolpieces and the associated works for the F16-A project in water depths to 40 metres. The work will be performed in two distinct phases. The first phase of the work will be performed by one of Subsea 7’s construction vessels at the turn of the year, to install the side tap protection structure. The second phase of the work is to be executed in the third quarter of 2005 and includes the metrology, fabrication and installation of the F16A spoolpieces and the hydrotesting of the pipelines between F16A and K2.
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