DOW JONES NEWSWIRES 

Subsea 7 said Friday it has been awarded an $80M subsea pipeline and installation services contract from Santos Limited at the Casino-Henry field, offshore Victoria, Australia.

 
   MAIN FACTS: 

-Subsea 7 work scope includes installation of a 22km long 12 inch rigid pipeline to connect the subsea production trees at the Henry-2 and Netherby locations, together with 4 rigid spool pieces and also the installation of a 22km long electro-hydraulic umbilical from Casino-4 to Pecten East locations.

-Project management and engineering work will commence immediately and will be performed at Subsea 7's offices in Singapore.

-Offshore operations are scheduled to commence at the end of 2009 and will see the arrival of the Seven Navica, one of Subsea 7's fleet of global deepwater pipelay and construction vessels to the Asia Pacific region.

-The project will also be supported by the Rockwater 2 diving support vessel.

-By Stockholm Bureau, Dow Jones Newswires; +46-8-5451-3090; djnews.stockholm@dowjones.com