Subsea7 has won a “substantial” contract for a subsea tieback development in the US Gulf of Mexico for an undisclosed client.
Exact terms of the deal were not revealed, though the Luxembourg-based subsea contractor deems a contract “substantial” when its value falls between $150 million and $300 million.
SLB (NYSE: SLB) today announced the award of an integrated engineering, procurement, construction and installation (EPCI) contract by bp to its OneSubsea™ joint venture and Subsea7 for the Murlach development (formerly Skua field), 240 kilometers east of Aberdeen in the UK North Sea.
Subsea7 has issued updates on its offshore oil and gas and wind projects in its latest results statement.
Subsea7 has been awarded four long-term day-rate contracts by Petrobras for pipe-laying support vessels (PLSVs), Subsea7 announced on Monday.