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Contract Awards: Subsea 7 S.A. Awarded $75 Million Contract Offshore Canada

Posted on 14.03.2014 - 07:15 UTC in CONTRACT AWARDS by ginamc

 Subsea 7 S.A. Subsea 7 S.A. announced the award of a US$75 million three-year subsea construction services contract by ExxonMobil Canada Properties. 


 The contract supports the Hebron heavy oil field development, located in the Jeanne d'Arc Basin 350 kilometres southeast of St. John's, Canada.

 

The contract scope includes the project management, engineering and installation of two Offshore Loading Systems in a water depth of 92 metres. Engineering and project management will begin immediately from Subsea 7’s offices in St John’s.

 

Stephen Henley, Managing Director of Subsea 7 Canada, said: “This contract award further enhances our construction capability across offshore Canada, building on the successes of our subsea engineering and construction work for our clients in the region.” 

 


 

For investment community enquiries:

Keith Russell

Investor Relations Director

Tel +44 (0)20 8210 5568

keith.russell@subsea7.com

www.subsea7.com 

 

For media enquiries:

Carol Reed

Group Communications Director

Tel. +44 (0)20 8210 5570

carol.reed@subsea7.com

www.subsea7.com 

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