Subsea7 secures subsea contract for 2026 offshore activities
April 4, 2024
Subsea7 has been awarded a contract, worth $50 million to $150 million, that will be recognized in the backlog of its Subsea and Conventional business unit in second-quarter 2024.
LONDON — Subsea7 has been awarded a contract, worth $50 million to $150 million, that will be recognized in the backlog of its Subsea and Conventional business unit in second-quarter 2024.
The contract is subject to final investment decision, which is expected in the coming weeks. Offshore activities are scheduled for 2026.
The company did not disclose any further details due to contractual obligations.