Subsea 7 has contracted Oceaneering International Inc. to supply an umbilical and flying leads for Shell’s deepwater Vito development the US Gulf of Mexico.
The contract is for an electro-hydraulic steel tube control umbilical, and flying leads, totaling about 9 km (5.6 mi) in length. Product design and engineering will start in 3Q 2018, with manufacturing expected to begin in 2019, at Oceaneering’s facility in Panama City, Florida. The contract work scope is expected to be completed by 2Q 2020.
Alan R. Curtis, Oceaneering’s senior vice president and CFO, said: “We are very pleased to have won this contract with Subsea 7 and the opportunity to provide subsea products for another of Shell's deepwater projects. This, and other recent contract awards, give us increased confidence in the improving levels of offshore activity, as we have been anticipating.”
