OneSubsea Lands $270 Mln Pemex Deal in GoM

OneSubsea, a Cameron and Schlumberger company, has been awarded a subsea production systems contract totaling more than $270 million for the Lakach deepwater project offshore Mexico. This is the first deepwater subsea field to be developed by Pemex.

OneSubsea Lands $270 Mln Pemex Deal in GoM
Lakach deepwater project

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.

OneSubsea Lands $270 Mln Pemex Deal in GoM

Cameron Chairman and CEO, Jack B. Moore said: “OneSubsea is very honored to be awarded this contract from Pemex. 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 optimize production.”

Press Release, October 13, 2014