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Subsea 7 Wins GofM Pemex Contract

Subsea 7 S.A. announce a contract award by Pemex to its Mexican joint venture valued at approximately US$90-million. The contract comprises the engineering, fabrication and installation of an 8km pipeline, related risers, two slug catchers (a slug catcher is a storage vessel used to separate oil, water and gases and regulate flow within a pipeline)  and two cantilever structures for the Line 67 Project in the Bay of Campeche. This is the second contract awarded to the joint venture.