Company Updates

Subsea 7 S.A. Awarded $75 Million Contract Offshore Canada

subsea 7 77Subsea 7 S.A. (Oslo Børs: SUBC) has announced the award of a US$75 million three-year subsea construction services contract by ExxonMobil Canada Properties.

The contract supports the Hebron heavy oil field development, located in the Jeanne d'Arc
Basin 350 kilometres southeast of St. John's, Canada.

The contract scope includes the project management, engineering and installation of two Offshore Loading Systems in a water depth of 92 metres. Engineering and project management will begin immediately from Subsea 7's offices in St John's.

Stephen Henley, Managing Director of Subsea 7 Canada, said: "This contract award further enhances our construction capability across offshore Canada, building on the successes of our subsea engineering and construction work for our clients in the region."

.
Offshore Source Logo

Offshore Source keeps you updated with relevant information concerning the Offshore Energy Sector.

Any views or opinions represented on this website belong solely to the author and do not represent those of the people, institutions or organizations that Offshore Source or collaborators may or may not have been associated with in a professional or personal capacity, unless explicitly stated.

Corporate Offices

Technology Systems Corporation
8502 SW Kansas Ave
Stuart, FL 34997

Phone: +1 772.221.7720