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Subsea 7 ( (GB:0OGK) ) has provided an announcement.
Subsea7 S.A. has secured a substantial contract for offshore operations in Norway, valued between $150 million and $300 million. The project involves the engineering, procurement, construction, and installation of pipeline bundles and related components, with operations expected to span from 2025 to 2027. This contract enhances Subsea7’s market position in the offshore energy sector, leveraging its expertise in field development to optimize design solutions and ensure efficient project delivery.
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. The company focuses on creating sustainable value by providing efficient offshore solutions and is recognized as a partner and employer of choice in the industry. Subsea7 is listed on the Oslo Børs.
Average Trading Volume: 447,874
Current Market Cap: NOK55.28B
For a thorough assessment of 0OGK stock, go to TipRanks’ Stock Analysis page.