29/04/2015at 10:47

Subsea 7 improved net result in tough market

Subsea 7 saw revenues decline but was able to deliver an improved net result in a challenging offshore market in the first quarter 2015. The company is well placed to pursue the few orders expected to arise, says the company.

by DANIEL LOGAN

Luxembourg-based Subsea 7 achieved what management describes as a strong first quarter in 2015 compared to last year.

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