OIL service provider Subsea 7 has landed a $300 million (£187m) contract from Aberdeen-based Dana Petroleum to support its development of a major project near the Shetland islands.
OIL service provider Subsea 7 has landed a $300 million (£187m) contract from Aberdeen-based Dana Petroleum to support its development of a major project near the Shetland islands.
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Tim Sharp City Editor
The development, named the Western Isles project, will see Subsea build two 2.5 kilometre (1.6 miles) pipeline bundles and an 11km (6.8 miles) gas export pipeline.
The work will be undertaken by staff at Oslo-listed Subsea 7's Aberdeen office, with offshore activities due to start in 2014.
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