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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Subsea 7 SA - Ads Representing One Common Share (MM) | NASDAQ:SUBC | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 25.94 | 0 | 01:00:00 |
From Jun 2019 to Jun 2024
DOW JONES NEWSWIRES
Statoil said Friday it has awarded a NOK2B frame contract for inspection, maintenance and repairs of subsea installations and pipelines to Subsea 7.
MAIN FACTS:
-"With increased focus on lifetime extensions and opportunities for enhanced oil and gas production by using existing infrastructure, there is a growing need for such subsea services," says Jon Arnt Jacobsen, chief procurement officer in Statoil.
-The supplier will perform and deliver subsea inspection, maintenance and repair (IMR) services. This involves the use of equipment, personnel and vessel.
-The contract means that Statoil will get additional capacity and renewal of its fleet of vessels within this service segment.
-The duration of the agreement is five years, and there are two one year-options.
-Operational start-up is planned from 1 July 2011 and will apply to the Norwegian, UK, Dutch, German, Belgian and French continental shelves.
-By Stockholm Bureau, Dow Jones Newswires; +46-8-5451-3090; djnews.stockholm@dowjones.com
1 Year Subsea 7 SA - Ads Representing One Common Share (MM) Chart |
1 Month Subsea 7 SA - Ads Representing One Common Share (MM) Chart |
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