Energy
7.5
Subsea7 wins $150-300M Chevron contract for Equatorial Guinea gas project
Subsea7 has secured a substantial contract from Chevron (via Noble Energy subsidiary) for subsea installation on the Aseng gas monetisation project offshore Equatorial Guinea. The work involves a single-well tieback connecting Aseng to the existing Alen infrastructure. This represents continued development of Gulf of Guinea hydrocarbons and deployment of major subsea contracting capacity.