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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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.27 | -1.45% | 18.41 | 18.06 | 18.78 | 18.43 | 18.40 | 18.40 | 2,723 | 21:10:15 |
From Jun 2019 to Jun 2024
By Dominic Chopping
Norwegian seabed-to-surface engineering contractor Subsea 7 S.A. (SUBC.OS) Friday announced the award of a $75 million three-year subsea construction services contract by ExxonMobil Canada Properties.
MAIN FACTS:
-The contract supports the Hebron heavy oil field development, located in the Jeanne d'Arc Basin 350 kilometres southeast of St. John's, Canada.
-The contract scope includes the project management, engineering and installation of two Offshore Loading Systems in a water depth of 92 metres.
-Engineering and project management will begin immediately from Subsea 7's offices in St John's.
-At 0803 GMT shares traded 1.7% higher at NOK116.30.
-Write to Dominic Chopping at dominic.chopping@wsj.com; Twitter: @WSJNordics
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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