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SUBCY Subsea 7 SA (PK)

19.09
-0.51 (-2.60%)
Last Updated: 15:12:43
Delayed by 15 minutes
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
  -0.51 -2.60% 19.09 19.04 19.07 19.32 19.09 19.32 1,734 15:12:43

Subsea 7 Gets $285 Million North Sea Pact From Talisman Sinopec

27/02/2013 7:43am

Dow Jones News


Subsea 7 (PK) (USOTC:SUBCY)
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From Jul 2019 to Jul 2024

Click Here for more Subsea 7 (PK) Charts.
   By Dominic Chopping 
 

Norwegian seabed-to-surface engineering contractor Subsea 7 S.A. (SUBC.OS) said Wednesday it has been awarded a $285 million contract from Talisman Sinopec Energy U.K. Limited for subsea construction services in support of its Montrose Area Redevelopment Project in the North Sea.

 
   MAIN FACTS: 

-Project management will commence immediately from Subsea 7's Aberdeen office, with offshore operations in 2014 and 2015.

-Shares closed Tuesday at NOK134.70, valuing the company at NOK47.39 billion.

-Write to Dominic Chopping at dominic.chopping@dowjones.com; Twitter: @DowJonesNordics

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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