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Subsea7 Secures Major Contract for Aphrodite Gas Project

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Subsea7 Secures Major Contract for Aphrodite Gas Project

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Subsea 7 ( (GB:0OGK) ) has issued an update.

Subsea7 has been awarded a sizeable contract by Shell for the Aphrodite gas project in Trinidad and Tobago, involving the transportation and installation of subsea equipment. This contract reflects Subsea7’s growing presence in the region and its commitment to safe and efficient project delivery while supporting local talent.

The most recent analyst rating on (GB:0OGK) stock is a Buy with a NOK270.00 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 by providing efficient offshore solutions. The company is listed on the Oslo Børs and is recognized as a partner and employer of choice in the industry.

YTD Price Performance: 4.07%

Average Trading Volume: 472,034

Current Market Cap: NOK53.33B

For an in-depth examination of 0OGK stock, go to TipRanks’ Stock Analysis page.

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