Subsea 7 (OSE: SUBC) announced on Friday that it has received 440 million USD contract from Chevron Australia Pty Ltd. The order is for Gorgon Project, offshore Western Australia. and includes 20 subsea structures, 15 heavy spools, 48 tie-in spools, 39 electrical and 18 hydraulic flying leads and 5 infield umbilicals plus 2 associated distribution units.
Gorgon Project is one of the world’s largest natural gas projects. Chevron is the project operator with ExxonMobil and Shell also owning a quarter each. Subsea 7 was down 1% for Friday.
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