Subsea7 wins sizeable contract for Who Dat East offshore US

M&A · Partnership
โดย Yahoo Finance·US·Read original
Summary · why it matters

Subsea7 S.A. has announced a sizeable contract award from LLOG Exploration Company LLC, a subsidiary of Harbour Energy, for the Who Dat East development in the US Gulf of Mexico. The project, located in lease MC 509-1 at a water depth of approximately 1,300 metres, involves the fabrication, transportation, and installation of a 29-kilometre steel catenary riser and pipe-in-pipe to the Who Dat floating production system, along with the installation of umbilical and subsea controls. Project management and engineering will begin immediately at Subsea7's Houston, Texas office, with offshore activities expected to start in 2028. Subsea7 defines a sizeable contract as being between $50 million and $150 million.

Impact on stocks 3

Energy Transition & Power Demand▲ · 2 stocks
Subsea 7 SA
0OGK
▲ PositiveDemandrelevance

Subsea7 won a sizeable $50-150M contract from LLOG for the Who Dat East development

Harbour Energy PLC
HBR
▲ PositiveDemandrelevance

Harbour Energy subsidiary LLOG awarded the Who Dat East contract, advancing its Gulf of Mexico development

Energy▲ · 1 stocks

Off-coverage companies 1

LLOG Exploration Company LLCPrivate▲ Positive
Demandrelevance

LLOG awarded the Who Dat East subsea contract to Subsea7 for its development

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