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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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.254 | 1.40% | 18.404 | 18.15 | 18.72 | 18.47 | 18.31 | 18.47 | 21,757 | 21:00:49 |
From Jun 2019 to Jun 2024
By Dominic Chopping
Norwegian seabed-to-surface engineering contractor Subsea 7 SA (SUBC.OS) said Monday it has been awarded a two-year, $200 million contract from Petrobras (PBR).
The contract covers the installation of flexible lines for Petrobras' projects using Subsea 7's construction and flex-lay vessel Seven Seas, on a day-rate basis.
The vessel has been operating for Petrobras under a similar day-rate contract since 2013 and will commence the new contract in direct continuation to the current one.
-Write to Dominic Chopping at dominic.chopping@wsj.com; Twitter: @WSJNordics
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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