Subsea 7 secured a contract valued between $150 million and $300 million from Noble Energy EG, a Chevron company, for installation work offshore Equatorial Guinea. The agreement covers the subsea scope of the Aseng gas monetisation project.
The project involves a single-well tieback connecting the Aseng field to the existing Alen platform. Subsea 7 stated the scope of work covers the transport and installation of approximately 19 kilometres of rigid production flowline and 20 kilometres of umbilicals.
Associated subsea structures and tie-ins will be installed in water depths of 800 metres (2,625 feet). Project management and engineering are scheduled to commence immediately from the Subsea 7 office in Paris, with additional support provided by teams in Lisbon and Equatorial Guinea.
Offshore activities are expected to begin in 2026, according to the company. David Bertin, Senior Vice President for Subsea 7’s Global Projects Centre East, noted that the award represents an important milestone in the ongoing global relationship with Chevron.
"Subsea 7 has operated in Equatorial Guinea for nearly two decades, supporting offshore construction and inspection, maintenance and repair activities," Bertin remarked.
