Subsea 7 awarded sizeable contract
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12 March 2021
Subsea 7 S.A. today announced the award of a sizeable (between USD 50 million and USD 150 million) contract. The contract will be recorded in the backlog of the Subsea and Conventional business unit in the first quarter.
The scope of work includes engineering, project management and procurement. Engineering activities will commence immediately at Subsea 7ís office in Sutton, UK.
No further details are disclosed due to contractual obligations.