Subsea7 awarded contract offshore US

Subsea7 today announced the award of a sizeable¹ contract by Shell for the Kaikias Waterflood project. The Kaikias field is a deepwater development in the Mars-Ursa Basin, approximately 210 kilometres off the Louisiana coast in the US.

The scope of work includes the transportation and installation of a subsea umbilical, riser, and a rigid flowline in water depths of up to 1,650 metres.

Project management and engineering activities will begin immediately from Subsea7's Houston, Texas office, with offshore operations scheduled for 2027.

Craig Broussard, Senior Vice President for Subsea7 Gulf of Mexico, said: “This award strengthens our long-standing and successful collaboration with Shell. We are bringing our deepwater experience to the Kaikias development and delivering cost-effective solutions that will support safe and efficient project execution, helping Shell maximise long-term value from the field.”

^{1. Subsea7 defines a sizeable contract as being between $50 million and $150 million.}