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Subsea 7 S.A. awarded US$300 million North Sea contract (Subsea 7 SA)

Friday, January 4, 2013

WN.com - Business News
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Subsea 7 S.A. awarded US$300 million North Sea contract (Subsea 7 SA)
Jan 4th 2013, 09:12

(Source: Subsea 7 SA) Subsea 7 S.A. awarded US$300 million North Sea contract Luxembourg - January 4, 2013 - Subsea 7 S.A. (Oslo Børs: SUBC, the "Company") today announced the award of a contract valued at approximately US$300 million from Dana Petroleum, for the provision of subsea EPIC services in support of their Western Isles development project. The contract scope includes the engineering, procurement, construction and installation of two 2.5 kilometer pipeline bundles and a 11 kilometer gas export pipeline. Engineering and project management will commence immediately from our Aberdeen office, with offshore activities scheduled to commence in 2014....
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