Swiss offshore operator Allseas awarded with two subsea pipe-laying contracts

Pioneering SpiritSwiss offshore operator Allseas was awarded with two subsea pipe-laying contracts for installation of gas pipelines in the Baltic Sea and in the Black Sea. The company received contract for offshore pipe-laying work for both lines of the project project North Stream-2, which will be held in 2018 and 2019. Allseas also received contract for second string of the TurkStream gas pipeline’s offshore section. The finance details of the both contracts were not disclosed, but they will provide utilization of the offshore construction vessel Pioneering Spirit, as well as pipe-layers Solitaire and Audacia.

“Following an international tender process, Nord Stream 2 AG have awarded a contract for offshore pipelay of the Nord Stream 2 natural gas pipeline through the Baltic Sea to Allseas”, says the official statement of the company operator of North Stream-2 pipeline. “The company will carry out offshore pipe-laying work for both lines in 2018 and 2019”, adds the statement.

The two strings of the planned Nord Stream 2 pipeline are expected to deliver 55 billion cbm of Russian natural gas a year to the European Union, carrying it across the Baltic Sea to Germany while bypassing the transit states in Eastern Europe.

TurkStream is envisaged to be a transit-free export gas pipeline stretching across the Black Sea from Russia to Turkey and further to Turkey’s border with neighboring countries. The first string of the gas pipeline is intended for Turkish consumers, while the second string will deliver gas to southern and southeastern Europe. Each string of the pipeline will have the throughput capacity of 15.75 billion cbm of gas per year.