Offshore engineering and services player Subsea 7 has won a new contract for a subsea tieback development in the US Gulf of Mexico from an undisclosed client.
Subsea7’s scope of work includes the engineering, procurement, construction, and installation (EPCI) of subsea equipment, including structures, umbilicals, production risers, and flowlines.
Project management and engineering work will start immediately at Subsea7’s office in Houston, Texas, with offshore activities expected to begin in 2026.
The company did not reveal any financial details. However, it was stated that the contract was ‘substantial’, worth between $150m and $300m.
Craig Broussard, SVP of Subsea 7 for the Gulf of Mexico stated that the new project builds on the company’s strong track record of delivering oil and gas projects in the deepwater Gulf of Mexico.
This year the company won several contracts in the Gulf of Mexico, including an EPC and installation contract in August and a subsea tieback deal in October. Before that, Subsea 7 won work on Talos’ Sunspear development and Woodside’s Trion field.
