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Subsea7 Secures Major Subsea Contract in West Africa

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Subsea7 Secures Major Subsea Contract in West Africa

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An update from Subsea 7 ( (GB:0OGK) ) is now available.

Subsea7 has secured a significant subsea contract in West Africa, valued between $50 million and $150 million, to manage the transportation and installation of flexible pipelines and subsea components for a floating production, storage, and offloading vessel. This project underscores Subsea7’s commitment to offering cost-effective and reliable offshore solutions, enhancing its strategic positioning in the West African market.

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 is recognized for creating sustainable value by being the industry’s partner and employer of choice in providing efficient offshore solutions.

Average Trading Volume: 621,617

Current Market Cap: NOK49.24B

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

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