Luxembourg-domiciled Subsea7 has secured yet another contract for work in the U.S. Gulf of Mexico, this time for a subsea tieback development with an undisclosed client.
Under the contract defined as sizeable, meaning it is worth between $50 million and $150 million, Subsea7 is in charge of transporting and installing the flowline, umbilical, and associated subsea components for the tieback.
Project management and engineering will begin immediately at the company’s office in Houston, Texas, with offshore activity expected to start in 2025.
Craig Broussard , Vice President for Subsea7 Gulf of Mexico, said: “ Our strategy of early engagement and close collaboration with clients allows us to approach projects with an open mind and a deep understanding of client needs. This helps us explore innovative, cost-effective ways to deliver optimized energy solutions .”
Subsea7 this year secured a number of contracts in the Gulf of Mexico. Namely, the company first in March won a “large” contract with Woodside Energy to deliver subsea installation services for the Trion deepwater oil project, followed by a new assignment with Talos Energy for work on a subsea tie-back of a commercial oil and natural gas discovery to an existing tension leg platform (TLP).
Most recently, in mid-August, Subsea7 secured an engineering, procurement, construction, and offshore installation (EPCI) contract with Shell , for an enhanced oil recovery project at the deepwater Vito platform.