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| Name | Symbol | Market | Type |
|---|---|---|---|
| Subsea 7 SA (PK) | USOTC:SUBCY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.58 | -2.96% | 19.02 | 18.99 | 19.03 | 19.32 | 19.02 | 19.32 | 1,834 | 15:16:42 |
From Jul 2019 to Jul 2024
By Dominic Chopping
Norwegian seabed-to-surface engineering contractor Subsea 7 S.A. (SUBC.OS) said Monday it has been awarded a contract by Anadarko Petroleum Corp (APC) and their partners for the Heidelberg development in the Gulf of Mexico.
MAIN FACTS:
-The work scope includes the engineering, fabrication, and installation of risers, pipelines, and flowlines in water depths over 1,600 metres.
-Project management and engineering will commence immediately at Subsea 7's offices in Houston.
-Offshore operations are due to commence in 4Q 2014, with pipelay activities being performed by the Seven Borealis.
-Shares closed Friday at NOK130.40, valuing the company at NOK45.87 billion.
-Write to Dominic Chopping at dominic.chopping@dowjones.com; Twitter: @WSJNordics
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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