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News  ›  GlobeNewswire Inc.

Subsea 7 - Awarded contract offshore Australia

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Katherine Tonks
Subsea 7 - Awarded contract offshore Australia

Subsea 7 has been awarded a substantial contract by Chevron Australia for subsea installation on the Gorgon Stage 3 Project offshore Australia, involving project management, engineering, and installation of subsea equipment at 1,350m water depth, with offshore operations expected in 2028.

Insights
MSpE   neutral

Standard investment activity with no extraordinary market impact


CVX   positive

Expanding offshore project development with a strategic partner for complex subsea infrastructure