Subsea 7 engineers a £63m deal with BP

Seabed-to-surface engineering firm Subsea 7 announced its £63m contract from BP Exploration Operating Company today, safeguarding 100 jobs at the company. The deal is part of the second phase of the Clair Ridge Project, 75km west of Shetland, in which BP has invested £4.5bn. The Clair Ridge development will comprise of two new bridge-linked platforms…