Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Subsea 7 ( (GB:0OGK) ) has provided an announcement.
Subsea 7 announced that its subsidiary, Seaway7, has been awarded a substantial contract by Synera Renewable Energy for the transport and installation of inter-array cables at the Formosa 4 Wind Farm in Taiwan. This project, expected to commence in 2028, highlights Subsea 7’s continued expansion in the Taiwanese offshore wind market, marking its seventh contract since 2019, and positions the company as a preferred contractor for future projects, including the Formosa 6 project.
The most recent analyst rating on (GB:0OGK) stock is a Buy with a NOK240.00 price target. To see the full list of analyst forecasts on Subsea 7 stock, see the GB:0OGK Stock Forecast page.
More about Subsea 7
Subsea7 is a global leader in delivering offshore projects and services for the evolving energy industry, focusing on creating sustainable value. The company is recognized as an industry partner and employer of choice, providing efficient offshore solutions worldwide. Subsea7 is publicly listed on the Oslo Børs.
Average Trading Volume: 353,598
Current Market Cap: NOK62.05B
For an in-depth examination of 0OGK stock, go to TipRanks’ Overview page.