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OFS - Subsea 7 wins up to $800MM from Australia and GOM projects - March 2020

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Subsea 7 announced on March 3 the award of two contracts with a combined value of up to $800 million. The contracts cover projects off northern Australia and the Gulf of Mexico. The Luxembourg-based firm received a $150-300 million contract from Murphy Oil for subsea installation services related to Murphy’s King’s Quay floating production system. Subsea 7 will help connect the Samurai, Khaleesi, and Mormont developments to the semisubmersible facility. Designed to process up......
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