Wednesday 5 September 2018

Promethean Energy Corporation (Promethean) and Subsea 7 announce the execution of a Memorandum of Understanding allowing the organizations to collaborate on the further development of deepwater Gulf of Mexico oil and gas assets.

Promethean Energy Corporation is a next generation Development & Production company focused on producing fields with development upside. Promethean seeks to enhance reserves and increase production, while reducing cost. Core pillars of the Promethean strategy are data, technology, innovation and integration. Promethean will adhere to the highest standards of safety and environmental responsibility in fields which it operates.

Subsea 7 is a world-leading seabed-to-surface engineering, construction and services contractor to the offshore energy industry. It operates worldwide and in all deepwater offshore markets providing cost-effective technical solutions to enable the delivery of complex projects in all water depths and challenging environments.