Subsea7 has secured a significant subsea installation contract from LLOG Exploration. This agreement pertains to the Buckskin South Expansion project, located in the U.S. Gulf. The award underscores ongoing development activities in the region’s offshore energy sector.
Contract Details Revealed
The contract’s estimated value ranges between $50 million and $150 million. Subsea7 will undertake critical subsea installation activities for the expansion. This substantial award highlights the company’s expertise in complex offshore operations.
Project Scope and Location
The Buckskin South Expansion project aims to enhance existing infrastructure offshore the U.S. Subsea7’s role involves crucial installation work necessary for this expansion. The U.S. Gulf represents a key area for deepwater energy production.
Operational Timeline
Offshore work for the Buckskin South Expansion is scheduled to commence in 2026. Subsea7 expects to complete these operations by 2027. This timeline reflects the extensive planning and resources required for such large-scale subsea projects.
The successful bid by Subsea7 reinforces its position as a leading provider of subsea engineering, construction, and services. LLOG Exploration continues its investment in the U.S. Gulf, expanding its operational footprint.
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