Subsea7 awarded substantial contract

Core Insights - Subsea7 S.A. has been awarded a substantial contract for the engineering and offshore installation of flexible pipe, umbilicals, subsea equipment, and a mooring system [1] - The project management and engineering activities will commence immediately in Houston, Texas, with offshore operations expected to start in 2027 [1] - A substantial contract is defined by Subsea7 as being valued between $150 million and $300 million [2] Company Overview - Subsea7 is recognized as a global leader in delivering offshore projects and services for the energy industry, focusing on creating sustainable value [3] - The company is listed on the Oslo Børs under the ticker SUBC [3]