08/05/2015at 15:08

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.

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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Subsea 7 improved net result in tough market
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