Subsea 7 SA said March 3 it has been awarded a substantial contract by Murphy Exploration and Production Company—USA for the subsea installation services related to the Samurai, Khaleesi, and Mormont developments tying back to the King’s Quay semisubmersible. The King’s Quay host facility is approximately 175 miles south of New Orleans in the Green Canyon area of the Gulf of Mexico (GoM).
This contract covers the tie back of seven subsea wells to the King’s Quay host facility. The project scope includes engineering, procurement, construction, installation (EPCI) and commissioning of all subsea equipment including PLETs, PLEMs, umbilicals and distribution hardware, production and export flowlines and jumpers, as well as the wet tow in the GoM to the fields and mooring system installation of the semisubmersible FPS.
Project management and engineering will commence immediately at Subsea 7’s offices in Houston, Texas. Fabrication of the flowlines and risers will take place at Subsea 7’s spoolbase in Ingleside, Texas, with offshore operations occurring in 2021.
“We are honored that Murphy has selected Subsea 7 for this key EPCI SURF and mooring project. Subsea 7 and Murphy have built a strong, collaborative working relationship over the years through the proficient execution of projects performed on budget and on schedule. This effective working relationship has set the stage for a best-in-class project delivery of one of the largest subsea development projects in the Gulf of Mexico. Subsea 7 will provide a single point contract for the SURF and mooring work scopes on this project, which allows for improved management of the interface risk,” Craig Broussard, vice president for Subsea 7 US, said.
Subsea 7 defines a substantial contract as between $150 million and $300 million.
Recommended Reading
Shell Raises Shareholder Distributions and LNG Sales Target, Trims Spending
2025-03-25 - Shell trimmed its annual investment budget to a $20 billion to $22 billion range through 2028 after spending $21.1 billion last year.
Oil Loading Slows at Venezuela's Ports Amid US Tariffs, License Termination, Data Shows
2025-03-25 - Loading of Venezuela's heavy crude at its main oil ports slowed this week after the Trump administration imposed a 25% tariff on trade with countries buying the South American nation's oil.
Ithaca Grows in UK North Sea with $193MM JAPEX Deal
2025-03-25 - Ithaca Energy is paying $193 million to acquire JAPEX UK E&P, which holds a 15% working interest in the Seagull oil field of the U.K. Central North Sea.
Charif Souki Plans Third US NatGas Venture, Including E&P Team
2025-03-25 - Charif Souki, co-founder of the Lower 48’s first and largest LNG exporter, has his sights set on a third natural gas venture after his exit from Tellurian Inc.
ENGIE Adds 900 MW Solar, Storage to Portfolio from Ares Management
2025-03-25 - The addition brings ENGIE North America and Ares Management’s partnership to 3.7 gigawatts of investment in U.S. generation.