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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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.16 | 0.90% | 17.92 | 17.83 | 17.95 | 17.94 | 17.75 | 17.80 | 8,217 | 21:00:24 |
By Dominic Chopping
Norwegian seabed-to-surface engineering contractor Subsea 7 S.A. (SUBC.OS) said Friday it has been awarded a contract by Woodside Energy Ltd for work on the Persephone project, offshore Australia.
The contract comprises fabrication, transportation, installation and pre-commissioning activities within the principal scope of work, with additional deconstruction and pipeline suspension work in the Echo Yodel Field at the Goodwyn Alpha Platform.
The Company's diving construction vessel Seven Eagle will perform all of the offshore activities.
Project management and engineering will commence immediately from the company's office in Perth, Australia, with offshore operations scheduled to commence in the fourth quarter of 2015.
The monetary value of the deal wasn't disclosed.
Write to Dominic Chopping at dominic.chopping@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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