Subsea7 awarded contract offshore US

Subsea7 today announced a sizeable¹ contract award from Kosmos Energy Gulf of Mexico Operations, LLC, for the Tiberius Project² in the US Gulf. The development is located in lease KC-964 at a water depth of approximately 2,200 metres.

The scope of work covers the fabrication, transportation, and installation of a 14-kilometre steel catenary riser and wet-insulated flowline to the Lucius Spar, along with the installation of an umbilical and subsea controls.

Project management and engineering will begin in the coming months at Subsea7’s Houston, Texas, office. Offshore activities are expected to start in 2028.

Craig Broussard, Senior Vice President for Subsea7 US, said: “We are proud to work with Kosmos on this deepwater tieback. Drawing on our deepwater expertise and a closely aligned, collaborative approach, we have developed a cost-effective solution designed to support safe and efficient delivery."

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

^{2 Kosmos 33.34%, Occidental 33.33%, Navitas Petroleum US, LLC 33.33%}