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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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.75 | 3.98% | 19.60 | 19.19 | 19.68 | 19.60 | 19.31 | 19.31 | 4,145 | 21:00:50 |
By Dominic Chopping
Norwegian seabed-to-surface engineering contractor Subsea 7 S.A. (SUBC.OS) Thursday announced the award of a three-year $160 million contract extension by BP Exploration & Production Inc. for light subsea construction, inspection, repair and maintenance services in the US Gulf of Mexico.
MAIN FACTS:
-The contract will run from the second quarter 2014 to the third quarter 2017.
-Shares closed Wednesday at NOK118.90, valuing the company at NOK41.83 billion.
-Write to Dominic Chopping at dominic.chopping@wsj.com; Twitter: @WSJNordics
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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