Umbilical Tubes Contracted for Offshore Platform

A Stockholm-based global engineering group recently signed a contract for the supply of stainless steel tubes required for 250 kilometers (155.3 miles) of umbilicals, linking a subsea development to an existing offshore platform. The contract value is approximately 700 MSEK ($83M), and deliveries will take place from the end of 2017 and during the first half of 2018.

Sandvik Materials Technology will supply the tubes for the umbilical systems, which are connections used to transport energy, data, and liquids between oil and gas installations on the seafloor to offshore facilities or platforms. The order is booked during the fourth quarter 2017.

The parties have agreed to not disclose the name of the project or customer at this point.