Subsea7 announced the award of a sizeable(1) contract by Shell Offshore Inc. (Shell) for the Sparta deepwater development in the US.
The project involves the transportation and installation of a floating production system (FPS) at Garden Banks block 959, which is located off the southeastern coast of Louisiana at water depths of up to 1,635 metres.
Project management and engineering activities will begin immediately at Subsea7's office in Houston, Texas, with offshore operations expected to start in 2027.
Craig Broussard, Senior Vice President for Subsea7 Gulf of Mexico, said, “We are proud to continue our collaboration with Shell in the US, building on past projects, including the recent Vito development. We look forward to playing a key role in the successful delivery of the Sparta project.”
(1) Subsea7 defines a sizeable contract as being between $50 million and $150 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 Shell plc
Shell plc is incorporated in England and Wales, has its headquarters in London 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 renewable energy projects.