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POSH Wins New Subsea Diving and Installation Contract

PACC Offshore Services Holdings Ltd (POSH) has secured a new lump-sum subsea diving and installation services contract from Subsea 7 Arabia Co., Ltd. for offshore execution in the Arabian Gulf during Q3 2026.

The contract award further strengthens POSH’s growing subsea and offshore construction portfolio in the region and underscores continued demand for specialized marine construction and subsea services supporting offshore energy developments.

Under the contract, POSH will provide subsea diving and installation services using its DP3 multi-purpose Offshore Construction Vessel (OCV), POSH Deep C. The vessel is equipped with an integrated Saturation and Air Diving System, enabling it to undertake complex subsea construction, inspection, installation, and intervention activities in offshore environments.

The scope of work includes the deployment of POSH Deep C and its specialist subsea capabilities to support offshore diving and subsea installation activities associated with Subsea 7 Arabia’s project requirements in the Arabian Gulf.

The offshore campaign is scheduled to commence in Q3 2026, with POSH’s DP3-class vessel providing the marine construction and subsea support required for the execution of the works.

The latest award adds to POSH’s recent subsea contract wins and reflects the company’s continued focus on expanding its offshore construction and subsea services across the Middle East.

The contract also highlights the growing requirement for advanced diving, installation and offshore construction capabilities as activity across the Arabian Gulf’s offshore energy sector continues to expand.

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