Business
Subsea 7 - Confirms award offshore Norway
Luxembourg – 19 December 2025 – Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award of a sizeable1 contract for pre-commitment to procure long lead items for a project in the Norwegian North Sea.Pre-execution project management and engineering work will commence immediately at Subsea7’s office in Stavanger, Norway. Erik Femsteinevik, VP Subsea7 Norway, said: “This early commitment to long lead items reflects the strong, trust‑based relationship with the operator and enables ear
About this update from Subsea 7 S.a.
[{"type":"text","content":"Luxembourg – 19 December 2025 – Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award of a sizeable1 contract for pre-commitment to procure long lead items for a project in the Norwegian North Sea.Pre-execution project management and engineering work will commence immediately at Subsea7’s office in Stavanger, Norway.","length":335,"tagName":"p"},{"type":"text","content":"Erik Femsteinevik, VP Subsea7 Norway, said: “This early commitment to long lead items reflects the strong, trust‑based relationship with the operator and enables early engagement and fast-track development.”","length":207,"tagName":"p"},{"type":"text","content":"1.Subsea7 defines sizeable as being between USD 50 million and USD 150 million.","length":79,"tagName":"p"},{"type":"text","content":" *******************************************************************************","length":79,"tagName":"p"},{"type":"text","content":"Subsea7 is a global leader in the delivery of offshore projects and services for the evolving energy industry, creating sustainable value by being the industry’s partner and employer of choice in delivering the efficient offshore solutions the world needs.Subsea7 is listed on the Oslo Børs (SUBC), ISIN LU0075646355, LEI 222100AIF0CBCY80AH62.","length":344,"tagName":"p"},{"type":"text","content":"*******************************************************************************","length":79,"tagName":"p"},{"type":"text","content":"Contact for investment community enquiries:","length":43,"tagName":"p"},{"type":"text","content":"Katherine TonksInvestor Relations DirectorTel +44 20 8210 [email protected]","length":79,"tagName":"p"},{"type":"text","content":"Contact for media enquiries:","length":28,"tagName":"p"},{"type":"text","content":"Jan Roger MoksnesCommunications ManagerTel +47 [email protected]","length":86,"tagName":"p"},{"type":"text","content":"www.subsea7.com","length":15,"tagName":"p"},{"type":"text","content":"Forward-Looking Statements: This document may contain ‘forward-looking statements’ (within the meaning of the safe harbour provisions of the U.S. Private Securities Litigation Reform Act of 1995). These statements relate to our current expectations, beliefs, intentions, assumptions or strategies regarding the future and are subject to known and unknown risks that could cause actual results, p...