Subsea 7 lands million dollar North Sea contract

Installation company Subsea 7 has secured a contract with oil company Wintershall  Norway for work in the North Sea. The contract is worth USD 300 million, says Subsea 7.
Photo: Subsea 7
Photo: Subsea 7
BY KATRINE GRØNVALD RAUN

Subsea 7 is well placed to win the orders offered in an otherwise struggling offshore market, said the installation company in relation to its first quarter interim report, and it now looks like this assessment was not far off.

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