Subsea 7 wins installation contract in US GoM

Offshore staff

LUXEMBOURG Subsea 7 SA (Oslo Børs: SUBC) has won a contract from Hess Corp. for installation work in support of the Stampede Project in deepwater US Gulf of Mexico.

The scope of work involves installation of flowlines, steel catenary risers, umbilicals, jumpers, and associated subsea architecture which tie back two drill centers to a TLP hosting drill centers, water injection, and gas lifts. Production will be via two 10-inch flowlines from each drill center.

The main offshore installation phase is expected to begin 3Q 2016, concluding in 1Q 2017.

12/17/2014

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