Subsea7 announced the award of a substantial1 contract by Chevron for subsea installation in the Eastern Mediterranean.

Subsea7’s scope includes the transport and installation of approximately 17 kilometres of subsea flowlines and umbilicals. Project management and engineering will commence immediately and will be managed by Subsea7’s office in Paris, France. Offshore activities are expected to commence in Q1 2028.

David Bertin, Senior Vice President for Subsea7 Global Projects Centre East, said: “This award reinforces our long-term strategic partnership with Chevron, building on our proven track record in West Africa, Australia and the US. We look forward to continuing our collaboration in the Eastern Mediterranean, focusing on safety, efficiency and technical integrity to deliver reliable and integrated offshore solutions.”

(1) Subsea7 defines a substantial contract as being between $150 million and $300 million

About Subsea7

Subsea7 is a global leader in the delivery of offshore projects and services for the energy industry.
Subsea7 makes offshore energy transition possible through the continuous evolution of lower-carbon oil and gas and by enabling the growth of renewables and emerging energy.

About Chevron

Chevron is one of the world’s leading integrated energy companies. We believe affordable, reliable and ever-cleaner energy is essential to enabling human progress. Chevron produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals and additives; and develops technologies that enhance our business and the industry.  We aim to grow our oil and gas business, lower the carbon intensity of our operations and grow new energies businesses.