Global Industries, Ltd. (GLBL) Awarded Subsea Development Project by LLOG Deepwater Development Company

By @ibtimes on

Today, leading offshore service solutions provider, Global Industries, Ltd. announced that LLOG Deepwater Development Company, L.L.C. awarded the company a project to undertake the installation of a deepwater subsea development in the Gulf of Mexico. Scheduled to begin in May, the project will take place in Blocks MC 503/547.

As per the project guidelines, Global Industries will install 19 miles of 10-inch export oil pipeline, 17 miles of 14-inch gas pipeline, 10 miles of 6-inch insulated rigid flowlines, 6 flexible risers, nine jumpers and jumper tie-ins, three subsea manifolds, 6 PLETs, and other additional equipment.

Global will use four vessels to execute this project: the 485-foot DLB Hercules, a DP-2 equipped vessel with a crane capable of lifting 2,000 tons; the Global Orion, a DP-2 equipped multi-service vessel; the Olympic Challenger, a 347-foot, DP-2 multi-service subsea construction vessel equipped with two 200hp Schilling UHD ROVs; and the Chickasaw, a 275-foot reel ship.

On receiving the project, John B. Reed, Global CEO, commented, “We are extremely pleased and proud that LLOG Deepwater chose Global to handle this deepwater project. We continue our focus on execution excellence in increasingly challenging deepwater projects and look forward to assisting LLOG in achieving a successful outcome for the ‘Who Dat’ project.”

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