Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award of a major* EPCI contract for offshore execution in 2017 and 2018. No further details are disclosed at this time due to contractual obligations. A more detailed announcement will be made in the near future.
*Subsea 7 defines a major contract as being over USD 750 million
Subsea 7 S.A. is a leading global contractor in seabed-to-surface engineering, construction and services to the offshore energy industry. We provide technical solutions to enable the delivery of complex projects in all water depths and challenging environments.