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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 | |
---|---|---|---|---|---|---|---|---|---|---|
-0.64 | -3.27% | 18.96 | 18.98 | 19.03 | 19.32 | 18.94 | 19.32 | 3,093 | 19:16:43 |
DOW JONES NEWSWIRES
Norwegian seabed-to-surface engineering contractor Subsea 7 S.A. (SUBC.OS) said Wednesday it has been awarded a $200 million Subsea, Umbilicals, Risers and Flowlines (SURF) contract from Petroleo Brasileiro S/A (PBR) on Campos Basin, 80km from the Brazilian coast.
MAIN FACTS:
-The contract scope includes the management, engineering, procurement and installation of two rigid oil lines at water depths of 70 metres, umbilicals and subsea related equipments.
-The subsea layout is comprised by an offshore terminal for oil temporary storage and offloading (Transfer and Export Offshore Unit) and two mono-buoys connected to the subsea system (pipeline and equipment) through flexible hoses and umbilicals.
-Engineering and project management will commence immediately with offshore operations due to commence in 1H 2013 utilising a number of Subsea 7's pipelay and construction vessels.
-Shares closed Tuesday at NOK112.90.
-By Dominic Chopping; Dow Jones Newswires; +46-8-5451-3093; dominic.chopping@dowjones.com
1 Year Subsea 7 (PK) Chart |
1 Month Subsea 7 (PK) Chart |
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