UK-based oilfield services firm Subsea 7 announced Friday that it has been awarded a $75-million, three-year subsea construction services contract by ExxonMobil Canada Properties.
The deal will see Subsea 7 support the Hebron heavy oil field development, located in the Jeanne d'Arc Basin some 220 miles southeast of St. John's, Canada. The firm will provide project management and engineering to the project, as well as install two offshore loading systems in a water depth of 300 feet.
Subsea 7 said engineering and project management will start immediately from its offices in St John's.
Subsea 7 Canada Managing Director Stephen Henley commented in a company statement:
"This contract award further enhances our construction capability across offshore Canada, building on the successes of our subsea engineering and construction work for our clients in the region."
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