Subsea 7 ditches Exmouth prefabrication facility proposal

SUBSEA 7 has announced it will scrap its plans for the proposed Learmonth Pipeline Bundle Fabrication Facility near Exmouth, based on current market conditions.

Subsea 7 ditches Exmouth prefabrication facility proposal Subsea 7 ditches Exmouth prefabrication facility proposal Subsea 7 ditches Exmouth prefabrication facility proposal Subsea 7 ditches Exmouth prefabrication facility proposal Subsea 7 ditches Exmouth prefabrication facility proposal

 

The company announced late yesterday it had "reviewed the evolution of the market and the economics of this investment, and with availability of alternative technical solutions to execute our