Subsea7 Mexico subsea installation contract

The Luxembourg-based and Oslo Stock Exchange listed Subsea7 has announced the award of a contract, being between $300m and $500m, by the Australian based Woodside Energy to provide subsea installation services for the Trion development.

The oil field is located approximately 30 kilometres south of the US / Mexico border and 180 kilometres away from the Mexican coastline at a water depth of 2,600 metres, as the company states.

The project, which Woodside and Pemex are developing in partnership, involves a wet tree subsea system connected to an infield Floating Production Unit (FPU), and Subsea7 will be responsible for the engineering, construction, and installation of the subsea umbilicals, risers, and flowlines, as well as the associated subsea architecture.

The project management and engineering will begin immediately from the company offices in the U.S. and Mexico with the offshore activities expected to take place between 2026 and 2027.

Craig Broussard, vice president for Subsea7 Gulf of Mexico, said: “This award acknowledges our strong partnership with Woodside globally. With our experience in the Gulf of Mexico and proven track record, we can deliver innovative, reliable, fast-tracked solutions that create value for our clients. We are proud to be a part of Woodside and Pemex’s first deepwater development in Mexico.”

Source: Subsea7