Subsea7 has secured a contract worth between $150 million and $300 million with an undisclosed client, with offshore operations to kick start in 2027. Under the contract defined as substantial, Subsea7’s scope includes the engineering and offshore installation of flexible pipe, umbilicals, subsea eq
France-headquartered energy giant TotalEnergies has started oil production from two subsea tie-back projects to existing floating production, storage, and offloading (FPSO) vessels off the coast of Angola.
