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Subsea7 awarded contract offshore West Africa
GlobeNewswire·2025-05-21 09:16

Core Insights - Subsea 7 S.A. has been awarded a significant subsea contract in West Africa, involving the transportation and installation of flexible pipelines, umbilicals, and associated subsea components for a floating production, storage, and offloading (FPSO) vessel [1][3] - The contract is classified as sizeable, with a value between 50millionand50 million and 150 million [3] - Project management and engineering work will commence immediately in the UK and France, with offshore activities expected to start in 2026 [2] Company Overview - Subsea 7 is recognized as a global leader in delivering offshore projects and services, focusing on creating sustainable value and being a preferred partner in the energy industry [3] - The company emphasizes its ability to provide cost-effective and reliable offshore solutions through close collaboration with clients [3]