Subsea7 awarded subsea installation contract for Aseng Gas Monetisation Project offshore Equatorial Guinea

Subsea7 secured a contract from Noble Energy EG Ltd (a Chevron Company) to provide subsea installation services for the Aseng Gas Monetisation Project offshore Equatorial Guinea. The scope includes transporting and installing 19 kilometers of rigid production flowline and 20 kilometers of umbilicals, along with associated subsea structures and tie-ins in 800-meter water depths. Project management and engineering will commence immediately from Subsea7’s Paris office, with offshore activities expected to begin in 2026. The project involves a single-well tieback connecting the Aseng field to the existing Alen platform, marking a key milestone in Subsea7’s long-term collaboration with Chevron in West Africa. Subsea7 has operated in Equatorial Guinea for nearly two decades, supporting offshore construction and inspection, maintenance, and repair activities.

Counterparts (2)

supplier

S

Subsea7

company

Subsea7 is a global leader in subsea engineering, construction, and services for the offshore energy industry, generating approximately $5.5 billion in annual revenue. The company operates a large fleet of specialized vessels across key regions including the North Sea, Brazil, and Gulf of Mexico, supporting both traditional oil & gas and emerging offshore wind projects.

Buyer

Noble Energy EG Ltd (a Chevron Company)

company

Houston-based global energy company with operations in oil, gas, and renewable energy. Subsidiary of Chevron Corporation with major upstream assets in Israel, Equatorial Guinea, and the U.S. Gulf of Mexico. Focuses on conventional and unconventional hydrocarbon development alongside emerging energy transition initiatives.