Offshore & subsea - 23 April 2019

The company’s subsidiary has entered into a definitive agreement to acquire deepwater Gulf of Mexico assets from LLOG.

The contract ensures continuity of platform drilling operations and maintenance management services on the platforms until at least 2024.

This contract covers the delivery and installation of a subsea production system including installation of umbilical, rigid flowlines and associated subsea equipment.

The vessel is currently in Port Fourchon, Louisiana, completing final outfitting and preparing for project work scheduled to begin in June.