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SUBCY Subsea 7 SA (PK)

18.96
-0.64 (-3.27%)
Last Updated: 19:26:49
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
  -0.64 -3.27% 18.96 18.99 19.03 19.32 18.94 19.32 3,093 19:26:49

Subsea 7 Gets $400 Million Pact Offshore Norway From BG

02/07/2012 7:49am

Dow Jones News


Subsea 7 (PK) (USOTC:SUBCY)
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Norwegian seabed-to-surface engineering contractor Subsea 7 S.A. (SUBC.OS) said Monday its been awarded a $400 million contract from BG Norge Limited to develop the Knarr field in the Norwegian Sector of the North Sea.

The contract is for the engineering, procurement, construction and installation of a 4.5 kilometer flowline bundle.

Engineering and procurement activities will commence immediately with offshore operations planned from the summer of 2013 until the spring of 2014.

Write to Christina Zander at christina.zander@dowjones.com

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