The project, which Woodside and Pemex are developing in partnership, involves a wet tree subsea system connected to an infield Floating Production Unit (FPU). Subsea7 will be responsible for the engineering, construction, and installation of the subsea umbilicals, risers, and flowlines, as well as the associated subsea architecture.
Project management and engineering will begin immediately from our offices in the US and Mexico. Offshore activities are expected to take place between 2026 and 2027.
Craig Broussard, Vice President for Subsea7 Gulf of Mexico, said, “This award acknowledges our strong partnership with Woodside globally. With our experience in the Gulf of Mexico and proven track record, we can deliver innovative, reliable, fast-tracked solutions that create value for our clients. We are proud to be a part of Woodside and Pemex’s first deepwater development in Mexico.”
(1) Subsea7 defines a large contract as being between USD 300 million and USD 500 million.