Luxembourg – 17 December 2021 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award of a sizeable1 contract by Aker BP for the Hanz field development located in the North Sea. The project involves a subsea tie-back of approximately 15 kilometres to the Ivar Aasen platform. The contract scope includes engineering, procurement, construction and installation (EPCI) of the gas lift and production pipelines, and associated subsea infrastructure, using vessels from Subsea 7’s fleet.
Luxembourg – 17 December 2021 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award of a large1 contract to Subsea Integration Alliance2 by Woodside, as Operator for and on behalf of the Scarborough Joint Venture3, for the Scarborough project, located approximately 380km offshore North West Australia. The project work scope covers the engineering, procurement, construction, and installation (EPCI) of subsea pipelines and production systems. The development will include 45 kilom
Luxembourg – 13 December 2021 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced transactions made in accordance with its share repurchase programme during the week commencing 6 December 2021. In the period from 6 December until 8 December Subsea 7 S.A. has repurchased a total of 380,290 own shares at the Oslo Stock Exchange at an average price of NOK 64.7553 per share. Date on which the share repurchase programme was announced: 25 July 2019, with a two-year extension announced on 16