Subsea 7 S.A. has been awarded a contract by Royal Dutch Shell (Shell) for installation work in the Gulf of Mexico. The contract value is in the range of $50 million to $100 million.
The contract scope of work involves the installation of 27 miles of 8” Flowlines and Steel Catenary Risers (SCRs), with associated structures such as Pipeline End Terminations (PLETs) and inline structures (ILS). The main offshore installation phase is expected to take place in the second and third quarters of 2016.
Craig Broussard, Vice President - Gulf of Mexico, said: “Subsea 7 is proud to continue to work with Shell, building upon our strong track record in the deepwater subsea construction market in the Gulf of Mexico.”
About Subsea 7
Subsea 7 S.A. (Oslo Børs: SUBC; the Company) is a leading global contractor in seabed-to-surface engineering, construction and services to the offshore energy industry.
We provide technical solutions to enable the delivery of complex projects in all water depths and challenging environments.
About Royal Dutch Shell plc
Royal Dutch Shell plc is incorporated in England and Wales, has its headquarters in The Hague and is listed on the London, Amsterdam, and New York stock exchanges. Shell companies have operations in more than 70 countries and territories with businesses including oil and gas exploration and production; production and marketing of liquefied natural gas and gas to liquids; manufacturing, marketing and shipping of oil products and chemicals and renewablesubsea 7,shell,gulf of mexico, energy projects.