Subsea7 Secures Major North Sea Contract with bp
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Subsea7 Secures Major North Sea Contract with bp

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

Subsea7 S.A. has been awarded a substantial contract by bp for the Murlach development in the UK North Sea, which includes the installation of subsea pipelines and production systems, expected to be executed in 2025. This contract highlights Subsea Integration Alliance’s strength in delivering integrated EPCI projects and reinforces Subsea7’s long-standing relationship with bp. The project incorporates the use of OneSubsea’s innovative vertical monobore tree systems, aiming to streamline design and installation processes.

For further insights into GB:0OGK stock, check out TipRanks’ Stock Analysis page.

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