Splash24714 Aug 2026AI generated
The lump-sum subsea diving and installation award came from Subsea 7 Arabia Co, the company's Saudi Arabian arm, with offshore execution scheduled for the third quarter of 2026. POSH will deploy the Posh Deep C, a 2003-built DP3 multi-purpose offshore construction vessel fitted with an integrated saturation and air diving system. Project and financial details were not disclosed.
Context
It is the second POSH award reported in the Arabian Gulf this summer, following the long-term subsea diving services contract noted earlier.
