Subsea7 Secures Major Decommissioning Project in the North Sea
SeaSea(US:SE) ZACKS·2025-12-01 15:51

Key Takeaways SUBCY secures a decommissioning contract covering the Alba FSU and the Greater Stella Area's FPF-1 facility.Work includes pipeline flushing, diver support vessel operations, and seabed clearance for Ithaca Energy.Project management starts immediately in Aberdeen, with offshore activities scheduled for Q2 2026.Subsea7 S.A. (SUBCY) has secured a contract involving decommissioning activities from Ithaca Energy. Per the terms of the contract, Subsea7 will provide off-station decommissioning servic ...