GoM contract for Subsea7
April 12 (LNGJ) - Subsea7 S.A., the oil and gas services company listed on the Oslo exchange in Norway, has won a sizeable contract from Texas-based Talos Energy for the Sunspear development in Green Canyon Block 78 in the Gulf of Mexico. “The project involves the subsea tie back of one production well at Sunspear to the Prince platform. Subsea7 will install the flowline and related subsea equipment at 500 metre water depths,” said Subsea7.
Subsea7’s Houston office will oversee project management and installation engineering with offshore work scheduled to begin later this year. “This award further strengthens our strategic partnership with Talos Energy, enabling early-stage collaboration for faster, more predictable project delivery,” said Craig Broussard, Vice President for Subsea7 Gulf of Mexico.
US oil and gas mergers and acquisitions continue as Talos Energy agrees $1.29Bln deal for QuarterNorth Energy
Talos Energy, the US oil and gas company, has acquired the operator QuarterNorth Energy in a $1.29 billion cash and stock deal to boost its presence in the Gulf of Mexico in the latest of a long list of US energy industry mergers and acquisitions that included several mega-deals.
Freeport LNG reveals plans to have first active carbon-capture system on US Gulf Coast with two partners
The Freeport LNG export plant at Quintana Island in Texas has revealed plans for a carbon-capture and sequestration project a day after Japanese LNG importer and power asset holder JERA Co Inc. acquired a significant stake in the US liquefaction and export business.
