Subsea7 awarded EPCI contract by Murphy in Gulf of Mexico, valued at $50-150 million
2026-06-04 09:37
Favorite

en.Wedoany.com Reported - Subsea7 S.A. has been awarded an EPCI contract by an affiliate of Murphy Oil Corp. for the String Music development project, involving a production flowline and related subsea infrastructure to be tied back to the Delta House development in the U.S. Gulf of Mexico.

The contract value has not been disclosed, but Subsea7 described it as "significant," in the range of $50 million to $150 million. The contract was awarded by Murphy's U.S. subsidiary, Murphy Exploration & Production Co., with a water depth of up to 6,000 feet, located in the Mississippi Canyon area.

Delta House is a semi-submersible floating production system (FPS) located in Mississippi Canyon Block 254, approximately 130 miles southeast of New Orleans, with a peak production capacity of 100,000 barrels of oil and 240 million cubic feet of natural gas per day. The project was brought online in April 2015 by LLOG Exploration Co., and Murphy acquired an interest in the Delta House FPS after purchasing LLOG's deepwater Gulf of Mexico assets in 2019. String Music, operated by Murphy, is located in Mississippi Canyon Block 431, about 10 miles from Delta House, and aligns with its infrastructure-led, low-risk development strategy.

Subsea7 stated that management and engineering work for the EPCI project will commence immediately at its Houston office, with offshore operations planned for 2027. Craig Broussard, Senior Vice President of Subsea7's U.S. operations, said the contract reflects the synergies of collaborating with Murphy to develop a more standardized and efficient delivery model, which improves predictability and helps accelerate the execution of multiple projects, including the String Music field.

Subsea tiebacks offer cost efficiency and shorter cycle times compared to standalone facilities, and such projects are surging in the U.S. Gulf of Mexico, with at least eight new tiebacks expected to be installed in the region in 2025 and 2026. Over the past two years, Subsea7 has been one of the most active EPCI contractors in the basin, securing a series of significant to major contracts from multiple clients.

This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com