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Subsea 7 Lands Major Contract for Gulf Project

Subsea 7 Lands Major Contract for Gulf Project

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

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Subsea 7 has secured a substantial contract, valued between $150 million and $300 million, for a subsea tieback development in the US Gulf of Mexico, highlighting its expertise in delivering complex offshore projects. The project will involve extensive engineering and construction work, with offshore activities slated to commence in 2026.

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

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