Subsea 7 S.A. (Oslo Børs: SUBC; the Company) has been awarded a contract by the Hess Corporation for installation work in support of the Stampede Project in deepwater US Gulf of Mexico.

The scope of work involves installation of flowlines, steel catenary risers, umbilicals, jumpers and associated subsea architecture which tie-back two drill centres to a tension leg platform hosting drill centres, water injection and gas lifts. Production will be via two 10-inch flowlines from each drill centre. The main offshore installation phase is expected to commence in Q3 2016, concluding in Q1 2017.

Craig Broussard, Vice President - Gulf of Mexico, said: “We are delighted to have been awarded this important project from Hess Corporation for installation work in support of the Stampede Project. Having worked with Hess before in the Gulf of Mexico on the Tubular Bells construction scope, as well as on flexible product installation for Hess’ Ceiba Field in Equatorial Guinea, we are pleased to be continuing our work with this important client.”

For more information, please visit: www.subsea7.com

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