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POSH Wins Subsea Contract from Subsea 7 Arabia in Arabian Gulf

POSH has secured a lump sum subsea diving and installation contract from Subsea 7 Arabia, with POSH Deep scheduled for offshore execution in the Arabian Gulf in Q3 2026.
Photo source: Posh

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POSH has secured a new lump sum contract from Subsea 7 Arabia Co., Ltd. for subsea diving and installation services in the Arabian Gulf, with offshore execution scheduled for Q3 2026.

The work will be carried out using POSH Deep, a DP3 multi-purpose Offshore Construction Vessel (OCV).

POSH Deep is equipped with an integrated Saturation and Air Diving system for the planned subsea operations.

PACC Offshore Services Holdings Ltd announced the contract without disclosing its value or further details on the offshore work scope.

Editorial Note:
This article was prepared with the assistance of AI tools to enhance clarity and efficiency.
All information has been reviewed and verified by the HMT News editor.
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Perro Negro 8 jackup rig from Saipem
Saipem has completed the sale of Saudi Arabian Saipem Limited to ADES. The company owns three jack-up rigs and has two additional units under lease.

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