‘Sizable’ Contract in Asia Pacific for Subsea 7

Offshore installation company Subsea 7 said Monday it had won a sizeable contract in Asia Pacific.

Subsea 7 defines a sizeable contract as being between USD 50 million and USD 150 million.

Engineering work will start immediately, and offshore activity is scheduled for 2024 and 2025. 

“No further details are disclosed at this time due to contractual obligations,” Subsea 7 said.