Energy service giant Subsea 7 said today it had won a £59million ($90million) deal from Mexican firm Pemex.
The contract includes the engineering, fabrication and installation of a five mile pipeline and various subsea structures for the Line 67 Project in the Bay of Campeche.
This is the second contract awarded to Subsea 7’s mexican joint venture, after it won £91million ($140million) worth of work for the same project in January this year.
Offshore operations are due to commence in the third quarter 2013, with pipelay activities being conducted in the fourth quarter using the vessel Seven Borealis.
Ian Cobban, Subsea 7´s vice president Gulf of Mexico, said: “Subsea 7 Mexico is pleased to be awarded its second contract in Mexico. We look forward to delivering the project in a safe and timely manner, and in so doing, strengthening our relationship with Pemex.”