Subsea7 secures offshore contract for Woodside’s Gulf of Mexico Trion field worth up to $500 million

March 14, 2024

(WO) – Subsea 7 S.A. has been awarded a “large” contract by Woodside Energy to provide subsea installation services for the Trion development. According to a company statement, the contract is valued between $300 million and $500 million.

Woodside Energy's Trion FPU (Source: Woodside Energy)

The Trion field is approximately 30 km south of the U.S. / Mexico border and 180 km away from the Mexican coastline, at a water depth of 2,600 m

The project, which Woodside and Pemex are developing in partnership, involves a wet tree subsea system connected to an infield Floating Production Unit (FPU). Subsea7 will be responsible for the engineering, construction, and installation of the subsea umbilicals, risers, and flowlines, as well as the associated subsea architecture.

Project management and engineering will begin immediately from our offices in the U.S. and Mexico. Offshore activities are expected to take place between 2026 and 2027.

Craig Broussard, Vice President for Subsea7 Gulf of Mexico, said, “This award acknowledges our strong partnership with Woodside globally. With our experience in the Gulf of Mexico and proven track record, we can deliver innovative, reliable, fast-tracked solutions that create value for our clients. We are proud to be a part of Woodside and Pemex’s first deepwater development in Mexico."

Connect with World Oil
Connect with World Oil, the upstream industry's most trusted source of forecast data, industry trends, and insights into operational and technological advances.