Subsea7 awarded sizeable contract by Brunei Shell Petroleum for pipeline replacement project offshore Brunei
Type: Supply Agreement · Technology: Oil Gas · Country: Brunei · Announced: 2026-08-03
Subsea7 has been awarded a sizeable contract by Brunei Shell Petroleum (BSP) for a pipeline replacement project offshore Brunei. The contract, valued between $50 million and $150 million, covers the engineering, procurement, construction, and installation (EPCI) of subsea pipeline and riser systems. These systems are for offshore assets located in water depths of up to 50 meters. Project management and engineering activities will commence immediately from Subsea7's Kuala Lumpur office, supported by global locations, continuing a relationship with BSP that began in 2018.
Analysis
Subsea7 has been awarded a sizeable contract by Brunei Shell Petroleum (BSP) for a pipeline replacement project offshore Brunei, valued between $50 million and $150 million. This supply agreement covers the engineering, procurement, construction, and installation (EPCI) of subsea pipeline and riser systems for offshore assets in water depths up to 50 meters. Subsea7, a global leader in subsea engineering with approximately $5.5 billion in annual revenue, has maintained a relationship with BSP since 2018. Project management and engineering activities for this announced deal will commence immediately from Subsea7's Kuala Lumpur office.
Key points
- Subsea7 awarded contract by Brunei Shell Petroleum (BSP).
- Contract value: between $50 million and $150 million.
- Project type: pipeline replacement offshore Brunei.
- Scope: EPCI of subsea pipeline and riser systems.
- Project management to commence from Subsea7's Kuala Lumpur office.
Counterparties
- Brunei Shell Petroleum (Developer)
- Subsea7 (Epc)
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