
Kosmos Energy Gulf of Mexico Operations LLC, a unit of Kosmos Energy, has let a contract to Subsea 7 SA for work on the Tiberius project in the US Gulf of Mexico.
The scope of work covers the fabrication, transportation, and installation of a 14-km steel catenary riser and wet-insulated flowline to the Lucius Spar, along with the installation of an umbilical and subsea controls.
The Tiberius project lies in Keathley Canyon lease 964 about 400 km south of New Orleans in about 2,283 m of water.
License partners reached a final investment decision on the Phase 1A development this year, which includes completion of an already drilled well. Long-lead items have been secured, and first oil is expected by the end of third-quarter 2028.
Subsea 7, which values the contract at $50-150 million, expects project management and engineering activities to begin in the coming months, with offshore activities expected to begin in 2028.
Kosmos is operator of the Tiberius project with a 33.34% interest following a farmout alongside partner Occidental Petroleum to Navitas Petroleum US LLC earlier this year.




















