SUBSCRIBE
PROFILE

Subsea7 wins major contract for the Belinda project in the North Sea

Subsea7 wins a 50-150 million contract with Serica Energy for the development of the Belinda field in the North Sea, including project management, engineering, procurement, construction and installation.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

SUBSCRIBE - 99$/year

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

Subsea7 S.A. announces a significant contract award from Serica Energy for the development of the Belinda field, located approximately 190 kilometers east of Aberdeen in the Central North Sea. The field, operated by Serica Energy, lies at a water depth of 95 meters. The contract covers the project management, engineering, procurement, construction and installation (EPCI) of a 5-kilometer production pipeline with a gas lift line and electro-hydraulic control umbilical. Associated subsea structures and connections to the Dana Petroleum-operated Triton floating production, storage and offloading (FPSO) vessel are also included in the contract. Project management and engineering work will start immediately in Aberdeen, while offshore operations are scheduled for the third quarter of 2025.

Subsea7 expertise and commitment

Steve Wisely, Senior Vice President of Inspection, Repair and Maintenance in the UK and worldwide at Subsea7said: “We are delighted to have this opportunity to provide our EPCI expertise to Serica Energy, and to demonstrate the extensive experience we have accumulated in the North Sea over the past 50 years. We look forward to supporting the safe, efficient and timely execution of this project. Subsea7 continues to create sustainable value by being the industry’s partner and employer of choice for the delivery of offshore solutions.

Economic Impact and Prospects

The contract, worth between $50 and $150 million, underlines the strategic importance of the Belinda field development for the North Sea region. By joining forces with Serica Energy, Subsea7 strengthens its position as a provider of subsea engineering and construction solutions. The North Sea remains a crucial region for the oil and gas industry, with projects like Belinda contributing to energy security and economic growth. Subsea7’s contract win for the Belinda project in the North Sea represents a major development for the offshore industry, and a testament to the company’s expertise and commitment to efficient and sustainable energy solutions. With operations scheduled for 2025, this project is well positioned to contribute to the region’s energy economy.

  • Popular on energynews.pro
Washington suspends five offshore wind projects on East Coast over security concerns
Woodbridge Ventures announces acquisition of Greenflame and prepares entry into oil sector
Sweden: Videberg Kraft files first request for public aid to build two nuclear reactors
Drone strike cuts electricity in Khartoum and Port Sudan, two rescuers killed
Microsoft signs two new wind power purchase agreements with Iberdrola
Subsea7 secures strategic contract with LLOG for Buckskin South in the United States
Subsea7 has secured a subsea installation contract from LLOG for the Buckskin South project, scheduled for execution between 2026 and 2027, strengthening its position in the Gulf of Mexico and boosting its order book visibility.
Brazil, Guyana and Argentina support global crude oil growth in 2026
Global crude oil production is expected to rise by 0.8 million barrels per day in 2026, with Brazil, Guyana and Argentina contributing 50% of the projected increase.
US oil blockade on Venezuela disrupts maritime shipments
Interceptions of ships linked to Venezuelan oil are increasing, pushing shipowners to suspend operations as PDVSA struggles to recover from a cyberattack that disrupted its logistical systems.
Harbour Energy acquires LLOG Exploration for $3.2bn to boost reserves
Harbour Energy acquires US offshore operator LLOG for $3.2bn, adding 271 million barrels in reserves and establishing a fifth operational hub in the Gulf of Mexico.
Heirs Energies secures $750mn financing to strengthen production capacity
The agreement signed with Afreximbank marks a strategic shift for Heirs Energies, aiming to scale up its exploration and production operations on Nigeria's OML 17 oil block.
Nigeria appoints Oritsemeyiwa Eyesan to lead NUPRC in upstream sector overhaul
Oritsemeyiwa Eyesan’s appointment as head of Nigeria’s oil regulator marks a strategic shift as the country targets $10bn in upstream investment through regulatory reform and transparent licensing.
Iraq demands foreign companies in Kurdistan hand over their crude oil
Baghdad states that all international companies operating in Kurdistan’s oil fields must transfer their production to state marketer SOMO, under the agreement signed with Erbil in September.
CNOOC launches ninth offshore project in 2025 in the South China Sea
Chinese oil group CNOOC continues its expansion strategy with a new production start-up in the Pearl River Basin, marking its ninth offshore launch in 2025.
SOCAR delivers 22 fuel wagons to Armenia via Georgia in unprecedented logistical test
A train carrying over 1,200 tonnes of gasoline produced in Azerbaijan entered Armenia on December 19, marking the first commercial operation since recent conflicts, with concrete implications for regional transit.
Subsea 7 extends Equinor contract for subsea services in Norway
Subsea 7 has secured a new extension of its frame agreement with Equinor for subsea inspection, maintenance and repair services through 2027, deploying the Seven Viking vessel on the Norwegian Continental Shelf.
Iran offers support to Venezuela after oil tankers seized by Washington
Caracas says Iran has offered reinforced cooperation after the interception of two ships carrying Venezuelan crude, amid escalating tensions with the United States.
Washington seizes second Venezuela-linked oil tanker in the Caribbean
US authorities intercepted a second oil tanker carrying Venezuelan crude, escalating pressure on Caracas amid accusations of trafficking and tensions over sanctioned oil exports.
California Resources finalises asset transfer with Berry Corporation for $253mn
California Resources Corporation completed an all-stock asset transfer with Berry Corporation, strengthening its oil portfolio in California and adding strategic exposure in the Uinta Basin.
Uganda seeks $2 billion loan from Vitol for oil infrastructure projects
The Ugandan government aims to authorise its national oil company to borrow $2 billion from Vitol to fund strategic projects, combining investments in oil infrastructure with support for national logistics needs.
Meg O’Neill takes over BP to refocus the group on hydrocarbons
British company BP appoints Meg O'Neill as CEO to lead its strategic refocus on fossil fuels, following the abandonment of its climate ambitions and the early departure of Murray Auchincloss.
Venezuelan oil: Caracas maintains exports despite US naval blockade
The Venezuelan national oil company has confirmed the continuity of its crude exports, as the United States enforces a maritime blockade targeting sanctioned vessels operating around the country.
Baker Hughes signs multi-year contract to equip Kuwait’s oilfields
Baker Hughes will supply advanced artificial lift systems to Kuwait Oil Company to enhance production through integrated digital technologies.
Trump imposes total blockade on sanctioned tankers bound for Venezuela
The United States has implemented a full blockade on sanctioned tankers linked to Venezuela, escalating restrictions on the South American country's oil flows.
Fuel consumption declines in France with sharp drop in diesel
Deliveries of energy petroleum products fell by 4.5% in November, driven down by a sharp decline in diesel, while jet fuel continues its growth beyond pre-pandemic levels.
ReconAfrica prepares production tests after promising results in Namibia
ReconAfrica is finalising preparations to test the Kavango West 1X well in Namibia, while expanding its portfolio in Angola and Gabon to strengthen its presence in sub-Saharan Africa.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

START - 99$/year

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.