Gulf Island Fabrication awarded multiple subsea fabrication projects
Nov. 29, 2023
Gulf Island has secured multiple fabrication awards from an integrated subsea EPCI company.
Offshore staff
THE WOODLANDS, Texas — Steel fabricator Gulf Island Fabrication Inc. has been awarded multiple subsea fabrication projects from a leading integrated subsea engineering, procurement, construction and installation (EPCI) company.
The projects consists of procurement, fabrication, coating and testing of subsea structures for multiple developments located in the Gulf of Mexico. The fabricated components include PLETs (pipeline end terminations), jumper kits, jumpers and sleepers that will be fabricated at Gulf Island’s Houma fabrication facility. The aggregate contract value for the various awards is about $5 million, and they will be included in the company’s new awards and backlog in fourth-quarter 2023.
Gulf Island President and CEO Richard Heo said, “We expect subsea fabrication activity to remain strong well into 2024, associated with anticipated subsea developments across the Gulf of Mexico, Guyana and Brazil.”