PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 1.Apr.2026, Words: 150) — Subsea7 was awarded a substantial contract, valued between $150mn-$300mn, by Noble Energy EG Ltd (a Chevron company) for the subsea installation scope on the Aseng gas monetization project, offshore Equatorial Guinea.
The project involves a single-well tieback connecting Aseng field to the existing Alen platform. Activities are expected to start in 2026.
The scope of work covers the transport and installation of approximately 19km of rigid production flowline and 20km of umbilicals, along with associated subsea structures and tie-ins in water depths of 800m, Subsea7 announced on 1 Apr. 2026 in an official statement.
Project management and engineering will commence immediately and will be managed from Subsea7’s office in Paris, France with additional support from teams in Lisbon, Portugal and Equatorial Guinea.
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By Piero Stewart reporting from Panama City. © 1999-2026 Energy Analytics Institute (EAI). All Rights Reserved.
