OneSubsea clinches Pemex USD 270m deepwater contract

Submitted by Paddy Harris on Mon, 2014-10-13 15:10

13th October 2014

OneSubsea, a Cameron and Schlumberger company, has been awarded a subsea production systems contract totalling more than USD 270m for the Lakach deepwater project offshore Mexico

OneSubsea clinches Pemex USD 270m deepwater contract

The scope of supply for the seven well system includes subsea production equipment and tooling

This is the first deepwater subsea field to be developed by Pemex.

"OneSubsea is very honored to be awarded this contract from Pemex,” said Jack B. Moore, Cameron chairman and CEO.

“The Lakach field is a significant development for Mexico, and OneSubsea looks forward to providing the best-in-class equipment and services that will help them optimise production.”

The scope of supply for the seven well system includes subsea production equipment and tooling. OneSubsea will also provide installation and commissioning services. Deliveries are expected to begin in June 2016.