Kurs & Likviditet
Beskrivning
Land | Storbritannien |
---|---|
Lista | OBX |
Sektor | Industri |
Industri | Industriprodukter |
2023-06-06 10:14:55
Luxembourg - 6 June 2023 - Subsea7 today announced an extension of its existing
frame agreement with Aker BP for four years to the end of 2028. The agreement
covers the provision of engineering, fabrication and installation activities for
subsea umbilical, risers and flowlines (SURF) as part of Aker BP's field
developments on the Norwegian continental shelf.
The value of the work to be called off under the frame agreement will be
recognised in Subsea7's backlog when each new project is sanctioned.
Monica Th. Bjørkmann, Senior Vice President for Subsea7 Norway said: "The
continuation of the frame agreement is a testament to our collaboration with
Aker BP. The strategic partnership enables Subsea7 to engage early in the field
development process, optimising design solutions and contributing to positive
final investment decisions for future projects on the Norwegian continental
shelf".
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Subsea7 is a global leader in the delivery of offshore projects and services for
the evolving energy industry. We create sustainable value by being the
industry's partner and employer of choice in delivering the efficient offshore
solutions the world needs.
Subsea7 is listed on the Oslo Børs (SUBC), ISIN LU0075646355, LEI
222100AIF0CBCY80AH62.
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Contact for investment community enquiries:
Katherine Tonks
Investor Relations Director
Tel +44 (0)20 8210 5568
ir@subsea7.com
Contact for media enquiries:
Jan Roger Moksnes
Communications Manager, Norway
Tel +47 415 15 777
janroger.moksnes@subsea7.com
www.subsea7.com
Forward-Looking Statements: This announcement may contain 'forward-looking
statements' (within the meaning of the safe harbour provisions of the U.S.
Private Securities Litigation Reform Act of 1995). These statements relate to
our current expectations, beliefs, intentions, assumptions or strategies
regarding the future and are subject to known and unknown risks that could cause
actual results, performance or events to differ materially from those expressed
or implied in these statements. Forward-looking statements may be identified by
the use of words such as 'anticipate', 'believe', 'estimate', 'expect',
'future', 'goal', 'intend', 'likely' 'may', 'plan', 'project', 'seek', 'should',
'strategy' 'will', and similar expressions. The principal risks which could
affect future operations of the Group are described in the 'Risk Management'
section of the Group's Annual Report and Consolidated Financial Statements.
Factors that may cause actual and future results and trends to differ materially
from our forward-looking statements include (but are not limited to): (i) our
ability to deliver fixed price projects in accordance with client expectations
and within the parameters of our bids, and to avoid cost overruns