Chevron lets subsea installation contract for work in Mediterranean Sea

Chevron has let a contract to Subsea 7 SA for subsea installation in the Eastern Mediterranean.

Subsea7’s scope includes the transport and installation of about 17 km of subsea flowlines and umbilicals, the service provider said in a release Feb. 9.

Project management and engineering will commence immediately and will be managed by Subsea7’s office in Paris, France. Offshore activities are expected to begin in first-quarter 2028.

Subsea7 values the contract at $150-300 million.