Offshore energy player Subsea7 secures a major contract in the US Gulf of Mexico. The company has unveiled a huge new offshore contract worth between $50m and $150m.
The scope of work includes engineering, procurement, construction, and offshore installation of a water injection flowline, hull piping, and associated subsea infrastructure.
Project management and engineering work will start immediately at Subsea7’s office in Houston, Texas, and offshore activity is expected to begin in 2026.
The financial details of the deal were not revealed but a sizeable contract in the company’s terms is somewhere between $50m and $150m.
