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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 |
From Jul 2019 to Jul 2024
By Dominic Chopping
Norwegian seabed-to-surface engineering contractor Subsea 7 S.A. (SUBC.OS) said Friday it has been awarded a $70 million contract from Statoil ASA (STO) to provide subsea processing technology on the Gullfaks field in the Norwegian North Sea.
MAIN FACTS:
-The contract is for the engineering, installation and commissioning of a 15.5km integrated power service umbilical, a protection structure, a subsea compressor station, pipeline spools and tie-ins.
-Engineering and project management will commence immediately at Subsea 7's Stavanger office, with offshore operations due to commence in 2015.
-At 0955 GMT shares traded 0.6% lower at NOK123.30.
-Write to Dominic Chopping at dominic.chopping@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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