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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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.16 | 0.90% | 17.92 | 17.83 | 17.95 | 17.94 | 17.75 | 17.80 | 8,217 | 21:00:24 |
From Jun 2022 to Jun 2024
By Dominic Chopping
Subsea 7 SA Friday confirmed the award of three contracts worth a total of at least $1.2 billion from Aker BP ASA.
The awards were pre-announced last week and include a major contract for the Yggdrasil field development project, a large contract for the Skarv Satellite Project and a substantial contract for the Valhall PWP-Fenris project, all located offshore Norway.
Subsea7 defines a major contract as being more than $750 million, a large contract as being between $300 million and $500 million, and a substantial contract as being between $150 million and $300 million.
Write to Dominic Chopping at dominic.chopping@wsj.com
(END) Dow Jones Newswires
December 16, 2022 02:42 ET (07:42 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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