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Subsea7 Secures Significant Decommissioning Contract with Ithaca Energy

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Subsea7 Secures Significant Decommissioning Contract with Ithaca Energy

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

Subsea7 S.A. announced a sizeable contract awarded by Ithaca Energy for decommissioning services related to the Alba Floating Storage Unit and Greater Stella field FPF-1 production facility. This project highlights Subsea7’s extensive decommissioning expertise and strengthens its longstanding relationship with Ithaca Energy, with offshore activities set to begin in Q2 2026.

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. The company focuses on creating sustainable value by providing efficient offshore solutions and is listed on the Oslo Børs.

YTD Price Performance: 16.61%

Average Trading Volume: 345,498

Current Market Cap: NOK57.7B

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

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