Subsea7 secures offshore contract in Gulf of Mexico from Talos Energy worth up to $150 million
(WO) – Subsea7 announced the award of a “sizable” contract by Talos Energy for the Sunspear development in Green Canyon Block 78 in the Gulf of Mexico. According to a company statement, the offshore contract is worth between $50 million and $150 million.
The project involves the subsea tie back of one production well at Sunspear to the Prince platform, 12 km to the north. Subsea7 will install the flowline and related subsea equipment at 500 m water depths.
Subsea7’s Houston office will oversee project management and installation engineering, with offshore work scheduled to begin later this year.
Craig Broussard, Vice President for Subsea7 Gulf of Mexico, said, “This award further strengthens our strategic partnership with Talos Energy, enabling early-stage collaboration for faster, more predictable project delivery.”
